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Chip Stocks Down on Momentum and Not CPI, Bokeh's Forrest Says

Bloomberg Markets
Tuesday, May 12, 2026 at 4:24 PM
~4 min read
InflationEquities

Original Report

Kim Forrest, Bokeh Capital Partners chief investment officer, says Tuesday's selloff is just a pause in momentum for skyrocketing chip stocks, not a shock from a hotter-than-estimated inflation...

Kim Forrest, Bokeh Capital Partners chief investment officer, says Tuesday's selloff is just a pause in momentum for skyrocketing chip stocks, not a shock from a hotter-than-estimated inflation report. She speaks with Ed Ludlow and Caroline Hyde on "Bloomberg Tech." (Source: Bloomberg)

Glass House Analysis

Inflation is the silent tax that erodes purchasing power, hitting hardest those who can least afford it. When grocery bills rise faster than wages, families face impossible choices between food, medicine, and rent. Unlike market volatility that mainly affects investors, inflation touches everyone who buys groceries, fills a gas tank, or pays rent.

The implications extend beyond the immediate news cycle. Every economic development creates ripples that affect employment, prices, and opportunities in ways that may not be immediately visible but are deeply felt. By tracking these connections, we can better understand how the economy truly works—not as an abstract machine, but as a human system shaped by and shaping the lives of millions.

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