WCBR - Where Investors Are Starting To Turn Their Attention As Big Tech Loses Steam
2024-07-18 13:40:00 ET
Summary
- Can U.S. markets continue to outperform?
- Why U.S. markets have strayed "pretty far into overvalued territory".
- The sector rotation out of big tech and into smaller-caps.
Shares of big tech have been losing steam recently after pushing U.S. markets to numerous record highs. But which sectors may benefit from a possible rotation out of tech? MoneyTalk’s Anthony Okolie discusses with David Sekera, Chief U.S. Market Strategist with Morningstar Research.
Transcript
Anthony Okolie: Well, US markets have hit new record highs in recent trading sessions as the big tech names continue to push higher. But are valuations beginning to look stretched? Joining us now to discuss is David Sekera, Chief US Market Strategist with Morningstar Research. And, David, thanks for being with us today....
Where Investors Are Starting To Turn Their Attention As Big Tech Loses Steam