Tuesday, April 10, 2018

Have the FAANGs come to the end of their bullish run or is there still life in the tech sector? How are you allocating for that going forward?

Posted on Investing.com

"It has been a rocky start to 2018 with direct and indirect Trump factors; for example, Cambridge Analytica (+ fake news distribution), Trump vs Jeff Bezos and a new tariff war, hitting certain FAANG stocks, with the contagion spreading to those indirectly impacted and the broader Tech sector. But not-to-long ago, the same Trump factors were driving the post-election rally; ‘Business Man’ leader, accelerated deregulation with industry friendly appointments, funding cuts to regulatory agencies and massive tax cuts favoring the investment classes.
In reality, the “Trump factor” is a bit of a red herring; it’s the uncertainty and randomness of what may come – be it Trump, terrorists or natural disaster - rather than what has come that’s the problem. With that in mind, we can only consider how markets value FAANG component stocks here-and-now."


For more read here.

 
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