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What’s Behind the Tech Wreck? Hint: It’s Not All About Rates

Technology stocks have gotten clobbered this year, and investor attention has focused on rising interest rates as the reason.

What’s Behind the Tech Wreck? Hint: It’s Not All About Rates
Images of mobile devices at the Taiwan Semiconductor Manufacturing Co. Museum. (Photographer: I-Hwa Cheng/Bloomberg)

What Goes Up hosts Mike Regan and Vildana Hajric are joined each week by expert guests to discuss the main themes influencing global markets. 

Technology stocks have gotten clobbered this year, and investor attention has focused on rising interest rates as the reason behind it. But that’s not the whole story, says Bloomberg Intelligence Chief Equity Strategist Gina Martin Adams.

On this episode of the podcast, she helps dissect the shifting leadership in the U.S. stock market and shares her thoughts on an upcoming earnings season that—thanks to inflation, supply chain chaos and other pandemic fallout—remains shrouded in mystery.

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