• Why Technology Isn't In A Bubble

    4 monthes ago - By ETF Daily News

    From BlackRock : Russ Koesterich discusses why tech stocks are not only not in a bubble, but reasonably valued.
    Upon hearing of his obituary, Mark Twain famously quipped, “The reports of my death are greatly exaggerated.” A similar rebuke could be used for those claiming that technology stocks are back in bubble territory.
    While technology stocks are having another stellar year in an otherwise languid market, their outperformance has been driven primarily through stellar earnings, not obscene multiple expansion. Since the start of 2010, the trailing price-to-earnings ratio for the S&P 500...
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