$Semiconductors Bear 3X Shares(SOXS)$
As the bank crisis hits the economy hard,
I am in the opinion that temporarily, SOXS isin the low as many investors are pushing their money into semi conductors and hence the drop in this stock. But we may be expecting to see a rise in the price after the feds hike the interest rates be it 25 or 50 basis points.
If the feds do not increase the interest rates, the economy may be in for a bigger inflation as Michael Burry predicted, feds will cut and inflation will increase and in the coming months, instead of a small increase now, they may have to aggresively increase to 50-75basis points to tame all that money printing from consumers withdrawals from the troubled banks.
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