But the relative return investors could get by putting money into far less risky alternatives to tech stocks skyrocketed in a matter of months — from zero to as high as 4%.
The biggest global tech manufacturers put most of their eggs in China's basket over the past two decades. Even the hint of a default on U.S. debt obligations could sow financial turmoil and raise the cost of borrowing all around — throwing a giant wrench in tech's, and everyone else's, recovery dreams.Big companies often feel good about divided government, thinking that paralysis in D.C. limits government meddling.
Seems like there's alotta unemployed tech talent and alotta VC's looking to put thier money somewhere. Should be alotta opportunities for inovation and competition 🤷🏻♂️
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