The writer is global chief investment strategist for the BlackRock Investment Institute
More time spent online during global lockdowns proved to be a figurative shot in the arm for technology companies over the past 12 months.
With actual shots now protecting people from Covid-19, companies with more to gain from the economic restart are increasingly in favour with investors and tech stocks have seen their fair share of volatility in recent months. Despite this, we believe there are good reasons to stay invested.
Some fear that higher near-term inflation may force central banks to raise policy rates and that this could hit tech stocks with high growth expectations.
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