Tech stocks – time to take profits?
Technology stocks have been among the top performers over the past 12 months. While forward-looking P/E ratios are not excessive on a long-term comparative basis, investors may consider cutting their exposure.
Technology stocks have been among the top performers over the past 12 months. While forward-looking P/E ratios are not excessive on a long-term comparative basis, investors may consider cutting their exposure.
European-domiciled ETFs saw $11.1bn in net inflows in March, according to Blackrock. That’s an all-time record for the month. ETF investors in other parts of the world also joined the party in great numbers.
The dollar has rallied in recent days as investors believe stronger US GDP growth and Fed rate hikes will push the greenback up. But markets are ignoring the forces that are likely to drag the dollar down in the longer term.
UBS heads a group of 20 private banks which is increasingly dominating the global wealth management landscape, a survey has found