June 16, 2023

Investors have to be invested in big tech stocks – funds manager

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STORY: He added it “may be a valid comment to say that on a P/E basis or other valuation metric, the market looks expensive. However, it’s difficult to really argue when earnings still come in very positive against the backdrop of falling inflation, interest rates that may have peaked and the full employment economy. So I think that for those people, you have to see earnings start to start to falter, and particularly among the large tech companies, and we haven’t seen that.”

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