$Palantir Technologies Inc.(PLTR)$ The market clearly seems happy with the rate hike. I suspect that's because it understood the move was needed with the Iran war creating inflationary turmoil, and it was reassuring to see that under new management the Fed would still act independently and resist political pressure. I'm old enough to remember the stagflation of the late 1970s, and that's something I never want to see repeated in my lifetime.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
