Here's the 'magical' moment Goldman Sachs sees for tech stocks

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Goldman Sachs ข่าว

Kash Rangan,Tech Stocks,Salesforce

Bring on lower interest rates and a faster pace of innovation, says one of Goldman's top tech analysts.

To get big tech stocks powering higher again, it will take the convergence of two factors, says Goldman Sachs' veteran tech analyst Kash Rangan.

"I think there is a solid rationale for doing . And the rationale is that five and three-eighths, five and a quarter to 5.5% is a really high fed funds rate. It's the highest policy rate in the G10. It is despite the fact that the US has actually seen more progress on inflation than most G10 economies," Hatzius added.

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