Buyers Spooked by Financial institution Disaster Crowd Into Massive Tech Shares

Typically when volatility jolts monetary markets, the most secure trades can shortly morph into harmful bets.

That’s what’s taking place now in some corners, as buyers spooked by the financial institution disaster and central-bank uncertainty crowd into big-tech shares and extremely rated company bonds. The push for defensive property has made each so costly relative to historical past that they could possibly be susceptible to painful reversals.

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