The Market's Reaction to the Fed's Hiking Cycle

Anastasia: There has been so many reversals in the last few weeks and just really in the last 24 hours. The market is once again focused on the fact that the Fed is nearing its terminal rate of 5.1%. I think this outperformance that we've seen in the NASDAQ and the tech trade, I suspect can actually continue because if we're in fact done with rate hikes, that's a positive for valuations. If we do see a slowdown further in the economy due to the credit tightening in banks, that means that it's back to where you can actually find reliable growth in its tech sector.