Investors turn their attention to growth stocks

People use their smartphones to take photos outside the Wynn Macau Casino Resort, operated by Wynn Resorts Ltd., in Macau, China, Tuesday, January 30, 2018.

Billy HC Kwok | Bloomberg | Getty Images

As we enter 2023, Wall Street appears to be shifting its focus from inflation to growth.

Investors seem to believe that the Federal Reserve is keeping inflation under control after last year’s sharp increase in interest rates. Now these higher rates are fueling recession fears in the US.

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