Don’t cry over tech selloff – it’s still the top performer - News Summed Up

Don’t cry over tech selloff – it’s still the top performer


Tech stocks are up almost 35 per cent, roughly double the S&P 500’s return. Secondly, Bespoke says, tech stocks are not the only losers; rather, investors have rotated out of 2017’s biggest winners and into underperforming stocks, a point also made by Société Générale’s Andrew Lapthorne. However, talk of a market bubble seems hyperbolic, almost desperate. Tudor Jones bets on Weinstein ‘comeback’Billionaire hedge fund manager Paul Tudor Jones is famous for his keen sense of judgment on financial markets. This isn’t the first time Tudor Jones has become embroiled in controversy.


Source: The Irish Times December 12, 2017 06:00 UTC



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