Investors poured $600 million in to U.S. technology stocks in the week leading up to poor results from Facebook , according to Bank of America Merrill Lynch (BAML) analysts, urging clients to sell the sector on signs inflows have reached bubble territory.
from Reuters: Business News https://ift.tt/2NPyN0o
Friday, July 27, 2018
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» Sell long-in-the-tooth FAANGs, build up BRICs, say analysts
Sell long-in-the-tooth FAANGs, build up BRICs, say analysts
Interest rates held at 5% but 'on the path down'
Economists are betting on rates being held in September with a cut to come in November instead. from BBC News https://ift.tt/OyPldkf
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