Equities help spur the $1.6 trillion Government Pension Fund Global’s nearly $110 billion investment gain during the quarter.
Prosaic financials and industrials perform like tech hotshots, Truist notes.
The mega-cap tech giants appear invincible. But things always change in the market.
Historically, when the sector’s P/Es are this high, its market performance flags over the next 12 months, per Jack Ablin.
Technology leaders are off since mid-July, amid new investor wariness and concerns over their high valuations, the research firm contends.
Analysts at the celebrated research shop say value will come to the fore during the upcoming recession.
Franklin Templeton says high rates and infrastructure needs will favor lower-cost shares.
The kings of the tech realm have suffered stock slides but still command powerful advantages.
Companies, tightfisted on payouts since last year’s market wipeout, feel flush now, Credit Suisse says.
The firm’s Mike Wilson urges the use of a ‘barbell strategy’ to cushion the blow from a downturn—or higher rates.
Nope, says Northern Trust’s asset management unit. But they both have big drawbacks.