Tech market concentration is the main market issue: Strategist

  • 📰 YahooFinanceCA
  • ⏱ Reading Time:
  • 26 sec. here
  • 7 min. at publisher
  • 📊 Quality Score:
  • News: 31%
  • Publisher: 63%

Morgan Stanley Nouvelles

Aaron Dunn,Market Outlook,Tech Companies

Equity markets (^DJI, ^IXIC, ^GSPC) are recovering following a three-day plummet driven by recession fears. The tech sector bore the brunt of the downturn...

The tech sector bore the brunt of the downturn, with mega-cap tech companies losing about $1 trillion in value over this period. Morgan Stanley senior equity portfolio manager Aaron Dunn joins Morning Brief to share his market outlook.

And what that means is when you get really highly volatile tech stocks that account for that much of the benchmark, the downside, um you know, volatility will, will occur and we've had no 10% Pullbacks along the way here. We always advocate a balanced sort of approach to the market in some ways and timing the market is extremely difficult.

Yeah, the one thing we don't know about is, you know, the, the thing that always unravels many of these, these rallies is leverage, right?

Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 47. in BE
 

Merci pour votre commentaire. Votre commentaire sera publié après examen.

Belgique Dernières Nouvelles, Belgique Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Scotia strategist sees a ‘swift rotation out of tech’, water stocks and rising geopolitical riskDaily roundup of research and analysis from The Globe and Mail’s market strategist Scott Barlow
La source: globeandmail - 🏆 5. / 92 Lire la suite »