Much has been made of inflation as the potential cause of technology stocks’ recent underperformance. While on Bloomberg TV, I explain why we think that’s coincidental, not causal, and how tech could actually benefit from longer-term inflationary pressure.
The long-term structural bull case for the technology sector and the relative strength of several tech firms during the recession are well established. But we believe the present crisis has also created additional macro tailwinds for tech stocks. ;
ESG and long-term themes
Improved battery technology is transforming industries from automotive manufacturers to utilities. For investors looking to align their portfolios with this long-term growth, exposure should be focused on the battery value chain but diversified across it.;