US equities – simply momentum or something more fundamental?
ANALYSIS: It seems that even mega-cap tech growth stocks have a habit of changing their (valuation) spots over time.
Christine Smith-HanTue, 14 May 2024
The momentum run in the United States market continues to be very strong. It resembles in many ways the peak rally in 1999 to early 2000, just before the ‘dotcom’ crash. Like that historic era, earnings growth in the tech sector today is outpacing the growth of the rest of the US economy. As I
Want to read more? It's easy.
Choose your best value subscription option
Student
Exclusive offer for uni students studying at a New Zealand university (valued at $499).
