The 'free money' tech investment era is over and the 'old economy' is set to become the big winner, according to Bank of America
Published
Tech companies dominated the stock market over the past decade, but with stubborn inflation forcing the Federal Reserve to aggressively raise interest rates, their reign may be coming to an end. “Bear markets have historically resulted in leadership change,” wrote Bank of America equity strategist…
#federalreserve #bankofamerica #savitasubramanian #subramanian #subramian #bankofamericas #michaelgapen #bondking #jeffreygundlach #doublelinecapital