Bloomberg Technology

Some Tech Stocks May Lose Shine as Rates Rise: JPMorgan

Karen Ward, chief EMEA market strategist at JPMorgan Asset Management, says that underlying fundamentals for technology stocks are strong but some areas could lose their shine as interest rates begin to rise. “They’ve benefited from strong earnings which was boosted by the pandemic, but then they’ve had a super boost from those future earnings not…

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Karen Ward, chief EMEA market strategist at JPMorgan Asset Management, says that underlying fundamentals for technology stocks are strong but some areas could lose their shine as interest rates begin to rise. “They’ve benefited from strong earnings which was boosted by the pandemic, but then they’ve had a super boost from those future earnings not being discounted at higher interest rates,” Ward said Thursday on Bloomberg Television. (Source: Bloomberg)

10 Comments

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    August 12, 2021 at 9:16 am

    jd421
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    August 12, 2021 at 10:42 am

    “some tech stocks may lose shine”?! can you be any vaguer than that?

    • ТурбоТОП

      August 12, 2021 at 10:46 am

      Chandler? Is that you?

    • Simon Wi

      August 12, 2021 at 10:57 am

      @ТурбоТОП nope 🙂

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