Article preview: Throughout the pandemic, the shares in cutting-edge technology companies have performed strongly, as investors shifted their focus away from more traditional “cyclical” businesses; those more sensitive to the fortunes of the economy. With all eyes now on the economic recovery following the pandemic, and easing of lockdown measures, there appears to be a return to the popularity of these cyclical businesses. Investors are also keenly aware of the risks of rising price inflation, which is influencing investor sentiment.
Why investors are dumping tech stocks
This 327-word blog post looks at the latest Bank of America survey of professional investors. Written on 16th March 2021.
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