Advertisers are emerging from the US technical market on a dynamic change in the market
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Advertisers lost shares in many of the technology companies that were affected by the epidemic because of rising interest rates, which forced them to sell businesses that were more closely linked to the economic downturn.
The Nasdaq Composite index of the heaviest technical index closed 3.3 percent on Wednesday, the worst day since February 2021, when to sell in the $ 22tn US Treasury bond market grew.
With the effects of rising US government debt debt, the attraction of many unprofitable companies has been eliminated – including many who had just become known. Their calculations depend on what they can get in the future and why they are affected by rising prices.
The dangerous rotation The departure of technology since the beginning of the year, which has favored the banking sector and large industrial groups, has been further fueled by the hope that the Omicron coronavirus diversity will not significantly affect the global economy more than the previous epidemic.
“Spec-tech is deteriorating,” says Hani Redha, history manager of PineBridge Investments, referring to nonprofits, “speculative” companies with high prices that are particularly affected.
Goldman Sachs’ most closely monitored track record of losing professional teams has dropped by 6 percent this year, following a sharp lead of 0.2 percent and benchmark S&P 500. Berkshire Hathaway-backed software maker Snowflake has dropped 11 percent in the first few days. of 2022, when ecommerce groups Etsy and Farfetch both fell by 10 percent.
Drugmaker Moderna and Covid test processor Quest Diagnostics, which performed well last year, dropped by 12 percent and 8 percent, respectively, in 2022.
In contrast, investors have moved to Ford and General Motors car dealerships, as well as banks, including Bank of America and Citigroup. The KBW Bank index has risen by about 7 percent this year, closing history.
Companies in travel and entertainment companies, among the worst hit during the epidemic, have also risen, with shares in American Airlines and United Airlines, as well as Carnival tour operators, moving higher. A list of Goldman companies linked to the reopening of the US economy in 2021 – which includes market operator Simon, Marriott International hotel group and aircraft manufacturer Boeing – has risen by about 5 percent this year.
As a result of the fluctuations of the year, investors and investors have warned that they are planning to hit the first quarter. Information is real looked at the Federal Reserve, which is reversing the epidemic support that helped to expand the market.
The sharp rise in bond yields in recent days has prompted investors, David Lebovitz, a JPMorgan Asset Management Strategist, to say that it has “disrupted” growth and professional stocks. 10-year Treasury yields have risen by 0.17 percent so far in 2022, amid a three-day high increase recorded last year, according to a report in the Financial Times.
“We do not want to fly,” added Lebovitz. “We’re going to companies that can make money.”
The potential for further changes in coronaviruses could further reduce the interest of stocks associated with the economic recovery, investors have warned.
“To be honest, there is still a lot of uncertainty. . . the potential for new reforms could be extremely difficult, “says Kristina Hooper, Invesco’s chief marketing officer for global markets.
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