Resilient Growth Cushions Tech Amid Rising Rates
Julia Herrmann of New York Life Management tells Vonnie that the current macro and market backdrop remains favorable: economic growth is resilient, and although rates are rising, they have not yet climbed enough to threaten the growth outlook. Addressing concern that remarks from Broadcom and Intel CEOs could signal a tech selloff, she says investor focus has shifted. After years of watching for…
We haven't written up this one. Bloomberg has the full story — the link below goes straight to it.
