, and others amid stay-at-home orders over recent months have sent valuations soaring. The Nasdaq — the more tech-heavy US stock exchange — is also at all-time highs.
Historically high levels of demand can create asset bubbles, however, with investors bidding up share prices beyond values justified by a company's fundamentals. And those bubbles eventually burst, sending stocks plummeting. That could end up being the case in US tech. A whopping 71% of the fund managers surveyed said they think the market — which is largely being driven by tech stocks — is overvalued.Nearly 200 fund managers who collectively manage $570 billion in assets responded to Bank of America's global survey. Most investors — 72% — were confident that strong global growth would help the economy recover from the coronavirus crisis.
For protection against a collapse — or for those interested in betting against current market trends — Bank of America's Michael Hartnett recommends three contrarian trades., "given positioning and stretched performance." , which some experts are expecting by the end of the year, could hurt tech valuations. Hartnett said a vaccine is "the catalyst" for lowering the demand for long-tech positions., with "oil prices acting well given whisper of higher OPEC supply.
Go tech!
Weren’t they demand in year 2000 ?
Reminds me of the year 2000.
Wir haben diese Nachrichten zusammengefasst, damit Sie sie schnell lesen können. Wenn Sie sich für die Nachrichten interessieren, können Sie den vollständigen Text hier lesen. Weiterlesen:
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Business Insider's best investing stories of the week ended July 14 - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Herkunft: BusinessInsider - 🏆 729. / 51 Weiterlesen »
BofA gives 7 reasons why value may be poised for a comeback - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. I’ll give you bofa
Herkunft: BusinessInsider - 🏆 729. / 51 Weiterlesen »
Stock market news: Stocks ignore record COVID cases, focus on earnings - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Further proof why we are in the mess we are in and the stock and housing market are insanely overvalued. there's no second wave, the surge of cases r the result to a more testing applied than before. The world economic system will not gonna come crashing down right now. Covid_19 COVIDUpdates
Herkunft: BusinessInsider - 🏆 729. / 51 Weiterlesen »
Coronavirus investing advice, new opportunities to buy: Rick Rieder - Business InsiderBlackRock's bond chief who oversees $2.3 trillion told us how the coronavirus crisis created a game-changing investment opportunity for the first time in almost 20 years — and shared 4 ways he's cashing in 💥All Iives Matter too stop Corruption and Abuse of Power 🇺🇲Kanye West for US President 2020! 🇦🇺Corocodile Dundee for Aussie President 2022! ☠Corruption is the same as ☠Cancer and ☠COVID-19! We have too work 😎Together too stop the 😖SPREAD!
Herkunft: BusinessInsider - 🏆 729. / 51 Weiterlesen »
Business Insider webinar with one-click checkout startup Fast - Business InsiderJoin us on Tuesday, July 14 at 1:30 p.m! BI reporter Shannen_Balogh will speak with Domm Holland, Fast's co-founder and CEO, and Jan Hammer, general partner at Index Ventures, about how to build a pitch deck and what it takes to win over investors.
Herkunft: BusinessInsider - 🏆 729. / 51 Weiterlesen »