Technology the focus in 2022 as market remains flush with liquidity
17 Jan 2022
THE EDGE: AFTER a lacklustre performance by most sectors in 2021, investors are hoping for a rebound this year. But is that likely and, if so, in which sectors?
Early indications are not so promising. Last Wednesday, investors in the US were spooked by the latest Federal Reserve meeting minutes that signalled interest rate hikes may take place sooner than expected. The tech-heavy Nasdaq plunged more than 3% while the Dow Jones and S&P 500 lost 1.07% and 1.94% respectively.
Lee Weng Khuen. (2022, January 17). Technology the focus in 2022 as market remains flush with liquidity. The Edge.
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