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๐ฅ WineWayLab โ The FIRST Online Accelerator for WineTech Startups! ๐ฅ ๐ Passionate about Tech & Wine? Turn your idea into a game-changing WineTech startup with WineWayLab โ a FREE 2-month online accelerator!
๐ฏ Who can apply? โ Have just an idea? Welcome! โ Working on a project? Perfect! โ Have a prototype or MVP? Take it to the next level!
๐ข Whatโs in it for you? ๐น 2 months of expert mentorship & startup development ๐น Evening lectures & meetups with top industry leaders ๐น Learn from: Investors, startup founders, wine experts & more!
๐ Apply by March 1, 2025 โ Spots are LIMITED! ๐ Last batch stats: 320+ applications from 14 countries โ only 60 spots! A strong motivation letter is KEY!
โจ Dream of launching a WineTech startup? This is your moment!
Spiking bond yields driving sharp losses in tech stocks
A spike in interest rates since the start of the year has accelerated a rotation out of high-growth technology stocks and into value stocks poised to benefit from a reopening of the economy. The Nasdaq has fallen more than 10% over the past month as the Dow has soared to record highs, with a spike in the 10-year US Treasury yield acting as the main catalyst. It recently surged to a cycle high of more than 1.60% after starting the year below 1%. But according to Jim Paulsen, the Leuthold Group's chief investment strategist, rising interest rates do not represent a long-term threat to the stock market. Paulsen expects the 10-year yield to cross 2% by the end of the year.
A spike in interest rates and its impact on the stock market depends on the economic backdrop, according to Paulsen. Rising interest rates amid a strengthening economy "may prove no challenge at all for stocks," Paulsen said.