Commentary

A tech-investment slowdown may not stall the economy or tech stocks

History suggests that after tech investment peaks, economic growth can broaden, and tech stocks may continue to lead.

Key Takeaways

Denise Chisholm approaches her research by looking at market data through a historian's lens. She believes historical patterns, when considered in the appropriate context, can help investors build conviction about future trends. This month, Denise explores how growth in tech investment is a long-term secular trend, growth in tech spending has started to decelerate, economic growth has accelerated after previous peaks in tech investment, and how tech stocks may still have room to run.

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A tech-investment slowdown may not stall the economy or tech stocks

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