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SocGen strategists assure clients the dollar and fundamentals can sustain this rally

1. Société Générale cites strong fundamentals sustaining AI investments despite concerns. 2. A weak dollar is seen as beneficial for tech stocks in the Nasdaq. 3. SocGen compares current valuations favorably with the 2000 tech bubble. 4. Clients express doubts on U.S. growth, but SocGen predicts economic resilience. 5. The One Big Beautiful Bill Act could boost consumption among wage earners.

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FAQ

Why Bullish?

Strong fundamentals and a weaker dollar support tech stock valuations. Historical context shows tech booms can succeed under similar conditions, as seen post-2000 dot-com bubble.

How important is it?

The article highlights significant factors like the dollar's effect and tech fundamentals crucial for NDX's performance.

Why Short Term?

Immediate investor sentiment influenced by upcoming economic indicators and earnings reports will affect NDX in the near term.

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