Tuesday, August 23, 2022

Daily Voice | This investment strategist sees more pain for IT stocks as valuations remain high

Bhawana Chhabra In light of receding liquidity and precarious geo-political backdrop globally, Elara expects equity markets to consolidate in next few months. Hence, they may remain rangebound, albeit at a larger range, like they have been since start of CY22.

from Moneycontrol Market Outlook https://www.moneycontrol.com/news/market-outlook/daily-voice-|-this-investment-strategist-sees-more-pain-for-it-stocks-as-valuations-remain-high_16600881.html

No comments:

Post a Comment

S&P 500, Nasdaq end higher on Amazon-OpenAI deal; Fed path forward grows murky

Artificial intelligence deals propelled the S&P 500 and Nasdaq higher on Monday, with Amazon's $38 billion agreement with OpenAI and...