Yardeni Research president Ed Yardeni says it “no longer makes much sense” for the firm to recommend being Overweight on tech given the sector’s dominance in the S&P 500. Yardeni’s statement marks the reversal of a more than decade-long call.
Yardeni joins Market Catalysts with Julie Hyman to explain why the firm is no longer recommending that investors stay Overweight on the sector, highlighting which sectors he’s more bullish on.
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