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BIBL - Why Technology Is Proving Surprisingly Defensive
Inspire 100
Russ highlights the surprising resilience of technology stocks this year.
The last time I wrote about technology stocks, the world looked very different. In mid-February, the market was at an all-time high, unemployment was at a 50-year low and investors were starting to contemplate a Sanders presidency.
Despite all that has happened, tech stocks are up for the year. This compares to a -9% return for the S&P 500 and a meltdown in most cyclical sectors. While the future shape and speed of the recovery is still very much in doubt, I still believe