Tech Has Tailwinds, But Patience Advised
March 10, 2023 at 09:06 AM EST
As investors by now know, tech was a wreck in 2022. It was one of the worst-performing groups in the S&P 500 and overshot — by a wide margin — the broad market’s dismal annual showing. The Federal Reserve’s seven interest hikes, which depressed the allure of tech companies’ future cash flows, was a primary [...] The post Tech Has Tailwinds, But Patience Advised appeared first on ETF Trends .