Keep Investing In the U.S. Dollar (/DX), Tech Will Suffer
b"All asset classes are suffering, there is no good place to hide at the moment, says Octavio Marenzi. He discusses how this week's inflation data will impact the Fed's rate hike. He also talks about investment ideas in a high inflationary environment. He says that going long on the U.S. dollar (/DX) could be a good idea, noting that the Fed will need to keep raising rates. He then goes over how he believes that tech stocks are going to suffer, and an interesting sector to look at is bank stocks and financials. He also mentions the outlook for the markets as inflation remains high. Tune in to find out more about the stock market today."