Invesco QQQ Trust, Series 1

SPDR S&P 500 ETF Trust

As we enter a period of higher interest rates (not historically that high, but very high for recent times), tech is no longer the sector that it was. 

The question is: what _i__s_ the next growth sector? Does tech bounce back and we see the Fed pivot soon, or does inflation persist and 4-5% becomes the norm?

A list of the key sectors:

* Financials
* Utilities
* Consumer Staples
* Industrials
* Materials
* Energy
* Real Estate
* Consumer Discretionary 
* Communication Services
* IT
* Healthcare 

**$SPY** **$QQQ** 

No one wins in a bear market.
Winning = losing the least.

I'm leaning towards 4-5% inflation becoming the norm for the next 5 years.

This is why Druckenmiller is saying the next decade might be a 'lost decade' for stocks.