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And NVidia stock is up 3%. Must keep nvidia even higher to bring inflation down even lower
by seydor 3y ago
And NVidia stock is up 3%. Must keep nvidia even higher to bring inflation down even lower
- dnadler 3y agoObviously there's a lot going on here, but one major factor is going to be discounting future earnings. Lower inflation means lower interest rates which means that the present value of future money is higher. So, in other words, growth is more valuable when rates are expected to be lower.