Tech stocks back as a haven? ‘It’s a big mistake,’ say market | ATAF - All True American Friendship 🇺🇸 🤝 🇺🇸 ️🤝 🇺🇸
Tech stocks back as a haven? ‘It’s a big mistake,’ say market analysts
It’s a big mistake for investors to view tech as a safe haven as fundamentals of the tech sector have deteriorated since last year, say market analysts.
If we look at the very interest rate sensitive-tech industry from a valuation perspective, what’s been happening is that a lot of those stocks went down much further than the market in general last year. You’re seeing investments going back into those now.
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