Tech stocks are set for more pain as the Fed hikes interest rates harder than investors anticipate, JPMorgan strategist says

Business Insider2022-01-21

Tech stocks are likely to stay under pressure as investors continue to shift to value, a JPMorgan strategist said.Hugh Gimber said interest rates will rise higher than the market thinks, putting ...

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Comments

Simplehuman
2022-01-23
Simplehuman
It is a test of how able a company is in transfering the cost to the consumers.
TheEndIsNear
2022-01-22
TheEndIsNear
No pain, no gain.
Huatahhuat
2022-01-22
Huatahhuat
:(
Uasbau
2022-01-22
Uasbau
Good article
LimLS
2022-01-22
LimLS
The higher than historical average for PE is now hurting. There should be a correction back to a more normal value. While the big tech are reporting high revenue, the smaller tech do not. The smaller tech are already punished with falling prices during the last few months. Guess it's time for the big tech to suffer.
MHh
2022-01-22
MHh
Difficult year even for people with balanced portfolio of bonds and stocks. Both down!

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VIEW press/Getty ImagesTech stocks are set to stay under pressure as the Federal Reserve raises interest rates much further than investors currently expect, according to a JPMorgan strategist.Higher interest rates will further push up bond yields, and \"equities will continue to take their cues from the bond market,\" Hugh Gimber, global market strategist at JPMorgan Asset Management, told Insider.The strategist said he's optimistic about stocks overall, but said more economically sensitive sectors such as energy and finance will do better than growth-oriented sectors such as tech.\"You're likely to see quite a different stock-market leadership to the one that's been so familiar over the past decade,\" Gimber said in a recent interview.Stocks have dropped sharply in 2022 as bond yields have shot higher in anticipation of the Federal Reserve raising interest rates. 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VIEW press/Getty Images</span></p><p>Tech stocks are set to stay under pressure as the Federal Reserve raises interest rates much further than investors currently expect, according to a JPMorgan strategist.</p><p>Higher interest rates will further push up bond yields, and &#34;equities will continue to take their cues from the bond market,&#34; Hugh Gimber, global market strategist at JPMorgan Asset Management, told Insider.</p><p>The strategist said he&#39;s optimistic about stocks overall, but said more economically sensitive sectors such as energy and finance will do better than growth-oriented sectors such as tech.</p><p>&#34;You&#39;re likely to see quite a different stock-market leadership to the one that&#39;s been so familiar over the past decade,&#34; Gimber said in a recent interview.</p><p>Stocks have dropped sharply in 2022 as bond yields have shot higher in anticipation of the Federal Reserve raising interest rates. Tech stocks have borne the brunt of the pain, as higher bond yields make their often far-off future earnings look less attractive.</p><p>Investors have pivoted to so-called value stocks such as banks, whose health is more closely tied to the economy. These were unloved during the pandemic, but now look set to benefit from higher interest rates, continued growth and inflation.</p><p>The Russell 1000 growth index has tumbled 8.83% so far this year, according to Bloomberg data, while the Russell 1000 value index has fallen just 1.47%. That compares to a drop in the benchmark S&amp;P 500 of more than 5%.</p><p>Traders expect a total off our Fed interest-rate hikes in 2022. Goldman Sachs said last week that markets are expecting the cycle to end in late 2023 or in early 2024, with rates at around 1.6%, although traders&#39; views are rapidly changing.</p><p>But Gimber said he expects the Fed to go much further than that over the coming years, as it realizes that the economy can withstand higher borrowing costs. He expects the &#34;terminal,&#34; or peak, rate to be somewhere around 2% or 2.5%, although he did not specify when it would be reached.</p><p>The realization among investors that rates are set to go higher than previously expected will add to the upward pressure on bond yields, Gimber said. That will encourage the &#34;rotation&#34; towards more economically-sensitive companies in stock markets.</p><p>He said that, over the next year, companies that can raise prices and which can produce strong results will fare best, as inflation is expected to stay high.</p><p>&#34;Clearly within tech, there&#39;s going to be a big divergence in the performance of the strong-earning tech names versus the more speculative parts of the tech sector,&#34; he said.</p><p>&#34;You think about the banks, you think energy, you think industrials, as those sectors that tend to be more resilient to higher yields,&#34; Gimber said. &#34;It&#39;s the very growthy parts of the market that are seeing a much larger valuation drag.&#34;</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Tech stocks are set for more pain as the Fed hikes interest rates harder than investors anticipate, JPMorgan strategist says</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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VIEW press/Getty ImagesTech stocks are set to stay under pressure as the Federal Reserve raises interest rates much further than investors currently expect, according to a JPMorgan strategist.Higher interest rates will further push up bond yields, and \"equities will continue to take their cues from the bond market,\" Hugh Gimber, global market strategist at JPMorgan Asset Management, told Insider.The strategist said he's optimistic about stocks overall, but said more economically sensitive sectors such as energy and finance will do better than growth-oriented sectors such as tech.\"You're likely to see quite a different stock-market leadership to the one that's been so familiar over the past decade,\" Gimber said in a recent interview.Stocks have dropped sharply in 2022 as bond yields have shot higher in anticipation of the Federal Reserve raising interest rates. Tech stocks have borne the brunt of the pain, as higher bond yields make their often far-off future earnings look less attractive.Investors have pivoted to so-called value stocks such as banks, whose health is more closely tied to the economy. These were unloved during the pandemic, but now look set to benefit from higher interest rates, continued growth and inflation.The Russell 1000 growth index has tumbled 8.83% so far this year, according to Bloomberg data, while the Russell 1000 value index has fallen just 1.47%. That compares to a drop in the benchmark S&P 500 of more than 5%.Traders expect a total off our Fed interest-rate hikes in 2022. Goldman Sachs said last week that markets are expecting the cycle to end in late 2023 or in early 2024, with rates at around 1.6%, although traders' views are rapidly changing.But Gimber said he expects the Fed to go much further than that over the coming years, as it realizes that the economy can withstand higher borrowing costs. He expects the \"terminal,\" or peak, rate to be somewhere around 2% or 2.5%, although he did not specify when it would be reached.The realization among investors that rates are set to go higher than previously expected will add to the upward pressure on bond yields, Gimber said. That will encourage the \"rotation\" towards more economically-sensitive companies in stock markets.He said that, over the next year, companies that can raise prices and which can produce strong results will fare best, as inflation is expected to stay high.\"Clearly within tech, there's going to be a big divergence in the performance of the strong-earning tech names versus the more speculative parts of the tech sector,\" he said.\"You think about the banks, you think energy, you think industrials, as those sectors that tend to be more resilient to higher yields,\" Gimber said. \"It's the very growthy parts of the market that are seeing a much larger valuation drag.\"","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9007638198,"gmtCreate":1642862597894,"gmtModify":1676533753374,"author":{"id":"3575543125383677","authorId":"3575543125383677","name":"TheEndIsNear","avatar":"https://community-static.tradeup.com/news/43c33417cfb81703fd159cf506dd1d95","vip":1,"crmLevel":4,"crmLevelSwitch":0,"idStr":"3575543125383677","authorIdStr":"3575543125383677"},"htmlText":"No pain, no gain.","listText":"No pain, no gain.","text":"No pain, no gain.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9007638198","repostId":1109088058,"repostType":4,"repost":{"id":"1109088058","kind":"news","pubTimestamp":1642755128,"share":"https://ttm.financial/m/news/1109088058?lang=&edition=fundamental","pubTime":"2022-01-21 16:52","market":"us","language":"en","title":"Tech stocks are set for more pain as the Fed hikes interest rates harder than investors anticipate, JPMorgan strategist says","url":"https://stock-news.laohu8.com/highlight/detail?id=1109088058","media":"Business Insider","summary":"Tech stocks are likely to stay under pressure as investors continue to shift to value, a JPMorgan st","content":"<html><head></head><body><ul><li>Tech stocks are likely to stay under pressure as investors continue to shift to value, a JPMorgan strategist said.</li><li>Hugh Gimber said interest rates will rise higher than the market thinks, putting upward pressure on bond yields.</li><li>&#34;You&#39;re likely to see quite a different stock-market leadership to the one that&#39;s been so familiar over the past decade,&#34; he said.</li></ul><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/ef75458c66a38854a866b69cbc5617b2\" tg-width=\"1300\" tg-height=\"650\" width=\"100%\" height=\"auto\"/><span>The tech-heavy Nasdaq index has fallen sharply in 2022 so far. VIEW press/Getty Images</span></p><p>Tech stocks are set to stay under pressure as the Federal Reserve raises interest rates much further than investors currently expect, according to a JPMorgan strategist.</p><p>Higher interest rates will further push up bond yields, and &#34;equities will continue to take their cues from the bond market,&#34; Hugh Gimber, global market strategist at JPMorgan Asset Management, told Insider.</p><p>The strategist said he&#39;s optimistic about stocks overall, but said more economically sensitive sectors such as energy and finance will do better than growth-oriented sectors such as tech.</p><p>&#34;You&#39;re likely to see quite a different stock-market leadership to the one that&#39;s been so familiar over the past decade,&#34; Gimber said in a recent interview.</p><p>Stocks have dropped sharply in 2022 as bond yields have shot higher in anticipation of the Federal Reserve raising interest rates. Tech stocks have borne the brunt of the pain, as higher bond yields make their often far-off future earnings look less attractive.</p><p>Investors have pivoted to so-called value stocks such as banks, whose health is more closely tied to the economy. These were unloved during the pandemic, but now look set to benefit from higher interest rates, continued growth and inflation.</p><p>The Russell 1000 growth index has tumbled 8.83% so far this year, according to Bloomberg data, while the Russell 1000 value index has fallen just 1.47%. That compares to a drop in the benchmark S&amp;P 500 of more than 5%.</p><p>Traders expect a total off our Fed interest-rate hikes in 2022. Goldman Sachs said last week that markets are expecting the cycle to end in late 2023 or in early 2024, with rates at around 1.6%, although traders&#39; views are rapidly changing.</p><p>But Gimber said he expects the Fed to go much further than that over the coming years, as it realizes that the economy can withstand higher borrowing costs. He expects the &#34;terminal,&#34; or peak, rate to be somewhere around 2% or 2.5%, although he did not specify when it would be reached.</p><p>The realization among investors that rates are set to go higher than previously expected will add to the upward pressure on bond yields, Gimber said. That will encourage the &#34;rotation&#34; towards more economically-sensitive companies in stock markets.</p><p>He said that, over the next year, companies that can raise prices and which can produce strong results will fare best, as inflation is expected to stay high.</p><p>&#34;Clearly within tech, there&#39;s going to be a big divergence in the performance of the strong-earning tech names versus the more speculative parts of the tech sector,&#34; he said.</p><p>&#34;You think about the banks, you think energy, you think industrials, as those sectors that tend to be more resilient to higher yields,&#34; Gimber said. &#34;It&#39;s the very growthy parts of the market that are seeing a much larger valuation drag.&#34;</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Tech stocks are set for more pain as the Fed hikes interest rates harder than investors anticipate, JPMorgan strategist says</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTech stocks are set for more pain as the Fed hikes interest rates harder than investors anticipate, JPMorgan strategist says\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-01-21 16:52 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://markets.businessinsider.com/news/stocks/tech-stocks-outlook-us-equities-fed-interest-rates-jpmorgan-2022-1><strong>Business Insider</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Tech stocks are likely to stay under pressure as investors continue to shift to value, a JPMorgan strategist said.Hugh Gimber said interest rates will rise higher than the market thinks, putting ...</p>\n\n<a href=\"https://markets.businessinsider.com/news/stocks/tech-stocks-outlook-us-equities-fed-interest-rates-jpmorgan-2022-1\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMZN":"亚马逊","MSFT":"微软","GOOGL":"谷歌A","AAPL":"苹果","NVDA":"英伟达","GOOG":"谷歌","TSLA":"特斯拉"},"source_url":"https://markets.businessinsider.com/news/stocks/tech-stocks-outlook-us-equities-fed-interest-rates-jpmorgan-2022-1","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1109088058","content_text":"Tech stocks are likely to stay under pressure as investors continue to shift to value, a JPMorgan strategist said.Hugh Gimber said interest rates will rise higher than the market thinks, putting upward pressure on bond yields.\"You're likely to see quite a different stock-market leadership to the one that's been so familiar over the past decade,\" he said.The tech-heavy Nasdaq index has fallen sharply in 2022 so far. VIEW press/Getty ImagesTech stocks are set to stay under pressure as the Federal Reserve raises interest rates much further than investors currently expect, according to a JPMorgan strategist.Higher interest rates will further push up bond yields, and \"equities will continue to take their cues from the bond market,\" Hugh Gimber, global market strategist at JPMorgan Asset Management, told Insider.The strategist said he's optimistic about stocks overall, but said more economically sensitive sectors such as energy and finance will do better than growth-oriented sectors such as tech.\"You're likely to see quite a different stock-market leadership to the one that's been so familiar over the past decade,\" Gimber said in a recent interview.Stocks have dropped sharply in 2022 as bond yields have shot higher in anticipation of the Federal Reserve raising interest rates. Tech stocks have borne the brunt of the pain, as higher bond yields make their often far-off future earnings look less attractive.Investors have pivoted to so-called value stocks such as banks, whose health is more closely tied to the economy. These were unloved during the pandemic, but now look set to benefit from higher interest rates, continued growth and inflation.The Russell 1000 growth index has tumbled 8.83% so far this year, according to Bloomberg data, while the Russell 1000 value index has fallen just 1.47%. That compares to a drop in the benchmark S&P 500 of more than 5%.Traders expect a total off our Fed interest-rate hikes in 2022. Goldman Sachs said last week that markets are expecting the cycle to end in late 2023 or in early 2024, with rates at around 1.6%, although traders' views are rapidly changing.But Gimber said he expects the Fed to go much further than that over the coming years, as it realizes that the economy can withstand higher borrowing costs. He expects the \"terminal,\" or peak, rate to be somewhere around 2% or 2.5%, although he did not specify when it would be reached.The realization among investors that rates are set to go higher than previously expected will add to the upward pressure on bond yields, Gimber said. That will encourage the \"rotation\" towards more economically-sensitive companies in stock markets.He said that, over the next year, companies that can raise prices and which can produce strong results will fare best, as inflation is expected to stay high.\"Clearly within tech, there's going to be a big divergence in the performance of the strong-earning tech names versus the more speculative parts of the tech sector,\" he said.\"You think about the banks, you think energy, you think industrials, as those sectors that tend to be more resilient to higher yields,\" Gimber said. \"It's the very growthy parts of the market that are seeing a much larger valuation drag.\"","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9007602690,"gmtCreate":1642854643534,"gmtModify":1676533752867,"author":{"id":"3574468375375928","authorId":"3574468375375928","name":"Huatahhuat","avatar":"https://static.tigerbbs.com/b8efd6c9f11aac008947d35cb725e0a3","vip":1,"crmLevel":5,"crmLevelSwitch":0,"idStr":"3574468375375928","authorIdStr":"3574468375375928"},"htmlText":"&nbsp;:(","listText":"&nbsp;:(","text":":(","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9007602690","repostId":1109088058,"repostType":4,"repost":{"id":"1109088058","kind":"news","pubTimestamp":1642755128,"share":"https://ttm.financial/m/news/1109088058?lang=&edition=fundamental","pubTime":"2022-01-21 16:52","market":"us","language":"en","title":"Tech stocks are set for more pain as the Fed hikes interest rates harder than investors anticipate, JPMorgan strategist says","url":"https://stock-news.laohu8.com/highlight/detail?id=1109088058","media":"Business Insider","summary":"Tech stocks are likely to stay under pressure as investors continue to shift to value, a JPMorgan st","content":"<html><head></head><body><ul><li>Tech stocks are likely to stay under pressure as investors continue to shift to value, a JPMorgan strategist said.</li><li>Hugh Gimber said interest rates will rise higher than the market thinks, putting upward pressure on bond yields.</li><li>&#34;You&#39;re likely to see quite a different stock-market leadership to the one that&#39;s been so familiar over the past decade,&#34; he said.</li></ul><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/ef75458c66a38854a866b69cbc5617b2\" tg-width=\"1300\" tg-height=\"650\" width=\"100%\" height=\"auto\"/><span>The tech-heavy Nasdaq index has fallen sharply in 2022 so far. VIEW press/Getty Images</span></p><p>Tech stocks are set to stay under pressure as the Federal Reserve raises interest rates much further than investors currently expect, according to a JPMorgan strategist.</p><p>Higher interest rates will further push up bond yields, and &#34;equities will continue to take their cues from the bond market,&#34; Hugh Gimber, global market strategist at JPMorgan Asset Management, told Insider.</p><p>The strategist said he&#39;s optimistic about stocks overall, but said more economically sensitive sectors such as energy and finance will do better than growth-oriented sectors such as tech.</p><p>&#34;You&#39;re likely to see quite a different stock-market leadership to the one that&#39;s been so familiar over the past decade,&#34; Gimber said in a recent interview.</p><p>Stocks have dropped sharply in 2022 as bond yields have shot higher in anticipation of the Federal Reserve raising interest rates. Tech stocks have borne the brunt of the pain, as higher bond yields make their often far-off future earnings look less attractive.</p><p>Investors have pivoted to so-called value stocks such as banks, whose health is more closely tied to the economy. These were unloved during the pandemic, but now look set to benefit from higher interest rates, continued growth and inflation.</p><p>The Russell 1000 growth index has tumbled 8.83% so far this year, according to Bloomberg data, while the Russell 1000 value index has fallen just 1.47%. That compares to a drop in the benchmark S&amp;P 500 of more than 5%.</p><p>Traders expect a total off our Fed interest-rate hikes in 2022. Goldman Sachs said last week that markets are expecting the cycle to end in late 2023 or in early 2024, with rates at around 1.6%, although traders&#39; views are rapidly changing.</p><p>But Gimber said he expects the Fed to go much further than that over the coming years, as it realizes that the economy can withstand higher borrowing costs. He expects the &#34;terminal,&#34; or peak, rate to be somewhere around 2% or 2.5%, although he did not specify when it would be reached.</p><p>The realization among investors that rates are set to go higher than previously expected will add to the upward pressure on bond yields, Gimber said. That will encourage the &#34;rotation&#34; towards more economically-sensitive companies in stock markets.</p><p>He said that, over the next year, companies that can raise prices and which can produce strong results will fare best, as inflation is expected to stay high.</p><p>&#34;Clearly within tech, there&#39;s going to be a big divergence in the performance of the strong-earning tech names versus the more speculative parts of the tech sector,&#34; he said.</p><p>&#34;You think about the banks, you think energy, you think industrials, as those sectors that tend to be more resilient to higher yields,&#34; Gimber said. &#34;It&#39;s the very growthy parts of the market that are seeing a much larger valuation drag.&#34;</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Tech stocks are set for more pain as the Fed hikes interest rates harder than investors anticipate, JPMorgan strategist says</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTech stocks are set for more pain as the Fed hikes interest rates harder than investors anticipate, JPMorgan strategist says\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-01-21 16:52 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://markets.businessinsider.com/news/stocks/tech-stocks-outlook-us-equities-fed-interest-rates-jpmorgan-2022-1><strong>Business Insider</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Tech stocks are likely to stay under pressure as investors continue to shift to value, a JPMorgan strategist said.Hugh Gimber said interest rates will rise higher than the market thinks, putting ...</p>\n\n<a href=\"https://markets.businessinsider.com/news/stocks/tech-stocks-outlook-us-equities-fed-interest-rates-jpmorgan-2022-1\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMZN":"亚马逊","MSFT":"微软","GOOGL":"谷歌A","AAPL":"苹果","NVDA":"英伟达","GOOG":"谷歌","TSLA":"特斯拉"},"source_url":"https://markets.businessinsider.com/news/stocks/tech-stocks-outlook-us-equities-fed-interest-rates-jpmorgan-2022-1","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1109088058","content_text":"Tech stocks are likely to stay under pressure as investors continue to shift to value, a JPMorgan strategist said.Hugh Gimber said interest rates will rise higher than the market thinks, putting upward pressure on bond yields.\"You're likely to see quite a different stock-market leadership to the one that's been so familiar over the past decade,\" he said.The tech-heavy Nasdaq index has fallen sharply in 2022 so far. VIEW press/Getty ImagesTech stocks are set to stay under pressure as the Federal Reserve raises interest rates much further than investors currently expect, according to a JPMorgan strategist.Higher interest rates will further push up bond yields, and \"equities will continue to take their cues from the bond market,\" Hugh Gimber, global market strategist at JPMorgan Asset Management, told Insider.The strategist said he's optimistic about stocks overall, but said more economically sensitive sectors such as energy and finance will do better than growth-oriented sectors such as tech.\"You're likely to see quite a different stock-market leadership to the one that's been so familiar over the past decade,\" Gimber said in a recent interview.Stocks have dropped sharply in 2022 as bond yields have shot higher in anticipation of the Federal Reserve raising interest rates. Tech stocks have borne the brunt of the pain, as higher bond yields make their often far-off future earnings look less attractive.Investors have pivoted to so-called value stocks such as banks, whose health is more closely tied to the economy. These were unloved during the pandemic, but now look set to benefit from higher interest rates, continued growth and inflation.The Russell 1000 growth index has tumbled 8.83% so far this year, according to Bloomberg data, while the Russell 1000 value index has fallen just 1.47%. That compares to a drop in the benchmark S&P 500 of more than 5%.Traders expect a total off our Fed interest-rate hikes in 2022. Goldman Sachs said last week that markets are expecting the cycle to end in late 2023 or in early 2024, with rates at around 1.6%, although traders' views are rapidly changing.But Gimber said he expects the Fed to go much further than that over the coming years, as it realizes that the economy can withstand higher borrowing costs. He expects the \"terminal,\" or peak, rate to be somewhere around 2% or 2.5%, although he did not specify when it would be reached.The realization among investors that rates are set to go higher than previously expected will add to the upward pressure on bond yields, Gimber said. That will encourage the \"rotation\" towards more economically-sensitive companies in stock markets.He said that, over the next year, companies that can raise prices and which can produce strong results will fare best, as inflation is expected to stay high.\"Clearly within tech, there's going to be a big divergence in the performance of the strong-earning tech names versus the more speculative parts of the tech sector,\" he said.\"You think about the banks, you think energy, you think industrials, as those sectors that tend to be more resilient to higher yields,\" Gimber said. \"It's the very growthy parts of the market that are seeing a much larger valuation drag.\"","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9007857471,"gmtCreate":1642840064602,"gmtModify":1676533751896,"author":{"id":"3581724772671504","authorId":"3581724772671504","name":"Uasbau","avatar":"https://static.tigerbbs.com/67cdf409f2239595269918513a5faac9","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3581724772671504","authorIdStr":"3581724772671504"},"htmlText":"Good article","listText":"Good article","text":"Good article","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9007857471","repostId":1109088058,"repostType":4,"repost":{"id":"1109088058","kind":"news","pubTimestamp":1642755128,"share":"https://ttm.financial/m/news/1109088058?lang=&edition=fundamental","pubTime":"2022-01-21 16:52","market":"us","language":"en","title":"Tech stocks are set for more pain as the Fed hikes interest rates harder than investors anticipate, JPMorgan strategist says","url":"https://stock-news.laohu8.com/highlight/detail?id=1109088058","media":"Business Insider","summary":"Tech stocks are likely to stay under pressure as investors continue to shift to value, a JPMorgan st","content":"<html><head></head><body><ul><li>Tech stocks are likely to stay under pressure as investors continue to shift to value, a JPMorgan strategist said.</li><li>Hugh Gimber said interest rates will rise higher than the market thinks, putting upward pressure on bond yields.</li><li>&#34;You&#39;re likely to see quite a different stock-market leadership to the one that&#39;s been so familiar over the past decade,&#34; he said.</li></ul><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/ef75458c66a38854a866b69cbc5617b2\" tg-width=\"1300\" tg-height=\"650\" width=\"100%\" height=\"auto\"/><span>The tech-heavy Nasdaq index has fallen sharply in 2022 so far. VIEW press/Getty Images</span></p><p>Tech stocks are set to stay under pressure as the Federal Reserve raises interest rates much further than investors currently expect, according to a JPMorgan strategist.</p><p>Higher interest rates will further push up bond yields, and &#34;equities will continue to take their cues from the bond market,&#34; Hugh Gimber, global market strategist at JPMorgan Asset Management, told Insider.</p><p>The strategist said he&#39;s optimistic about stocks overall, but said more economically sensitive sectors such as energy and finance will do better than growth-oriented sectors such as tech.</p><p>&#34;You&#39;re likely to see quite a different stock-market leadership to the one that&#39;s been so familiar over the past decade,&#34; Gimber said in a recent interview.</p><p>Stocks have dropped sharply in 2022 as bond yields have shot higher in anticipation of the Federal Reserve raising interest rates. Tech stocks have borne the brunt of the pain, as higher bond yields make their often far-off future earnings look less attractive.</p><p>Investors have pivoted to so-called value stocks such as banks, whose health is more closely tied to the economy. These were unloved during the pandemic, but now look set to benefit from higher interest rates, continued growth and inflation.</p><p>The Russell 1000 growth index has tumbled 8.83% so far this year, according to Bloomberg data, while the Russell 1000 value index has fallen just 1.47%. That compares to a drop in the benchmark S&amp;P 500 of more than 5%.</p><p>Traders expect a total off our Fed interest-rate hikes in 2022. Goldman Sachs said last week that markets are expecting the cycle to end in late 2023 or in early 2024, with rates at around 1.6%, although traders&#39; views are rapidly changing.</p><p>But Gimber said he expects the Fed to go much further than that over the coming years, as it realizes that the economy can withstand higher borrowing costs. He expects the &#34;terminal,&#34; or peak, rate to be somewhere around 2% or 2.5%, although he did not specify when it would be reached.</p><p>The realization among investors that rates are set to go higher than previously expected will add to the upward pressure on bond yields, Gimber said. That will encourage the &#34;rotation&#34; towards more economically-sensitive companies in stock markets.</p><p>He said that, over the next year, companies that can raise prices and which can produce strong results will fare best, as inflation is expected to stay high.</p><p>&#34;Clearly within tech, there&#39;s going to be a big divergence in the performance of the strong-earning tech names versus the more speculative parts of the tech sector,&#34; he said.</p><p>&#34;You think about the banks, you think energy, you think industrials, as those sectors that tend to be more resilient to higher yields,&#34; Gimber said. &#34;It&#39;s the very growthy parts of the market that are seeing a much larger valuation drag.&#34;</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Tech stocks are set for more pain as the Fed hikes interest rates harder than investors anticipate, JPMorgan strategist says</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTech stocks are set for more pain as the Fed hikes interest rates harder than investors anticipate, JPMorgan strategist says\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-01-21 16:52 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://markets.businessinsider.com/news/stocks/tech-stocks-outlook-us-equities-fed-interest-rates-jpmorgan-2022-1><strong>Business Insider</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Tech stocks are likely to stay under pressure as investors continue to shift to value, a JPMorgan strategist said.Hugh Gimber said interest rates will rise higher than the market thinks, putting ...</p>\n\n<a href=\"https://markets.businessinsider.com/news/stocks/tech-stocks-outlook-us-equities-fed-interest-rates-jpmorgan-2022-1\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMZN":"亚马逊","MSFT":"微软","GOOGL":"谷歌A","AAPL":"苹果","NVDA":"英伟达","GOOG":"谷歌","TSLA":"特斯拉"},"source_url":"https://markets.businessinsider.com/news/stocks/tech-stocks-outlook-us-equities-fed-interest-rates-jpmorgan-2022-1","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1109088058","content_text":"Tech stocks are likely to stay under pressure as investors continue to shift to value, a JPMorgan strategist said.Hugh Gimber said interest rates will rise higher than the market thinks, putting upward pressure on bond yields.\"You're likely to see quite a different stock-market leadership to the one that's been so familiar over the past decade,\" he said.The tech-heavy Nasdaq index has fallen sharply in 2022 so far. VIEW press/Getty ImagesTech stocks are set to stay under pressure as the Federal Reserve raises interest rates much further than investors currently expect, according to a JPMorgan strategist.Higher interest rates will further push up bond yields, and \"equities will continue to take their cues from the bond market,\" Hugh Gimber, global market strategist at JPMorgan Asset Management, told Insider.The strategist said he's optimistic about stocks overall, but said more economically sensitive sectors such as energy and finance will do better than growth-oriented sectors such as tech.\"You're likely to see quite a different stock-market leadership to the one that's been so familiar over the past decade,\" Gimber said in a recent interview.Stocks have dropped sharply in 2022 as bond yields have shot higher in anticipation of the Federal Reserve raising interest rates. Tech stocks have borne the brunt of the pain, as higher bond yields make their often far-off future earnings look less attractive.Investors have pivoted to so-called value stocks such as banks, whose health is more closely tied to the economy. These were unloved during the pandemic, but now look set to benefit from higher interest rates, continued growth and inflation.The Russell 1000 growth index has tumbled 8.83% so far this year, according to Bloomberg data, while the Russell 1000 value index has fallen just 1.47%. That compares to a drop in the benchmark S&P 500 of more than 5%.Traders expect a total off our Fed interest-rate hikes in 2022. Goldman Sachs said last week that markets are expecting the cycle to end in late 2023 or in early 2024, with rates at around 1.6%, although traders' views are rapidly changing.But Gimber said he expects the Fed to go much further than that over the coming years, as it realizes that the economy can withstand higher borrowing costs. He expects the \"terminal,\" or peak, rate to be somewhere around 2% or 2.5%, although he did not specify when it would be reached.The realization among investors that rates are set to go higher than previously expected will add to the upward pressure on bond yields, Gimber said. That will encourage the \"rotation\" towards more economically-sensitive companies in stock markets.He said that, over the next year, companies that can raise prices and which can produce strong results will fare best, as inflation is expected to stay high.\"Clearly within tech, there's going to be a big divergence in the performance of the strong-earning tech names versus the more speculative parts of the tech sector,\" he said.\"You think about the banks, you think energy, you think industrials, as those sectors that tend to be more resilient to higher yields,\" Gimber said. \"It's the very growthy parts of the market that are seeing a much larger valuation drag.\"","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9007892664,"gmtCreate":1642818689944,"gmtModify":1676533750012,"author":{"id":"3572923586954779","authorId":"3572923586954779","name":"LimLS","avatar":"https://static.tigerbbs.com/217b03b0c4808fb537070ba4e8f9d83f","vip":1,"crmLevel":5,"crmLevelSwitch":1,"idStr":"3572923586954779","authorIdStr":"3572923586954779"},"htmlText":"The higher than historical average for PE is now hurting. There should be a correction back to a more normal value. While the big tech are reporting high revenue, the smaller tech do not. The smaller tech are already punished with falling prices during the last few months. Guess it's time for the big tech to suffer.","listText":"The higher than historical average for PE is now hurting. There should be a correction back to a more normal value. While the big tech are reporting high revenue, the smaller tech do not. The smaller tech are already punished with falling prices during the last few months. Guess it's time for the big tech to suffer.","text":"The higher than historical average for PE is now hurting. There should be a correction back to a more normal value. While the big tech are reporting high revenue, the smaller tech do not. The smaller tech are already punished with falling prices during the last few months. Guess it's time for the big tech to suffer.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9007892664","repostId":1109088058,"repostType":4,"repost":{"id":"1109088058","kind":"news","pubTimestamp":1642755128,"share":"https://ttm.financial/m/news/1109088058?lang=&edition=fundamental","pubTime":"2022-01-21 16:52","market":"us","language":"en","title":"Tech stocks are set for more pain as the Fed hikes interest rates harder than investors anticipate, JPMorgan strategist says","url":"https://stock-news.laohu8.com/highlight/detail?id=1109088058","media":"Business Insider","summary":"Tech stocks are likely to stay under pressure as investors continue to shift to value, a JPMorgan st","content":"<html><head></head><body><ul><li>Tech stocks are likely to stay under pressure as investors continue to shift to value, a JPMorgan strategist said.</li><li>Hugh Gimber said interest rates will rise higher than the market thinks, putting upward pressure on bond yields.</li><li>&#34;You&#39;re likely to see quite a different stock-market leadership to the one that&#39;s been so familiar over the past decade,&#34; he said.</li></ul><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/ef75458c66a38854a866b69cbc5617b2\" tg-width=\"1300\" tg-height=\"650\" width=\"100%\" height=\"auto\"/><span>The tech-heavy Nasdaq index has fallen sharply in 2022 so far. VIEW press/Getty Images</span></p><p>Tech stocks are set to stay under pressure as the Federal Reserve raises interest rates much further than investors currently expect, according to a JPMorgan strategist.</p><p>Higher interest rates will further push up bond yields, and &#34;equities will continue to take their cues from the bond market,&#34; Hugh Gimber, global market strategist at JPMorgan Asset Management, told Insider.</p><p>The strategist said he&#39;s optimistic about stocks overall, but said more economically sensitive sectors such as energy and finance will do better than growth-oriented sectors such as tech.</p><p>&#34;You&#39;re likely to see quite a different stock-market leadership to the one that&#39;s been so familiar over the past decade,&#34; Gimber said in a recent interview.</p><p>Stocks have dropped sharply in 2022 as bond yields have shot higher in anticipation of the Federal Reserve raising interest rates. Tech stocks have borne the brunt of the pain, as higher bond yields make their often far-off future earnings look less attractive.</p><p>Investors have pivoted to so-called value stocks such as banks, whose health is more closely tied to the economy. These were unloved during the pandemic, but now look set to benefit from higher interest rates, continued growth and inflation.</p><p>The Russell 1000 growth index has tumbled 8.83% so far this year, according to Bloomberg data, while the Russell 1000 value index has fallen just 1.47%. That compares to a drop in the benchmark S&amp;P 500 of more than 5%.</p><p>Traders expect a total off our Fed interest-rate hikes in 2022. Goldman Sachs said last week that markets are expecting the cycle to end in late 2023 or in early 2024, with rates at around 1.6%, although traders&#39; views are rapidly changing.</p><p>But Gimber said he expects the Fed to go much further than that over the coming years, as it realizes that the economy can withstand higher borrowing costs. He expects the &#34;terminal,&#34; or peak, rate to be somewhere around 2% or 2.5%, although he did not specify when it would be reached.</p><p>The realization among investors that rates are set to go higher than previously expected will add to the upward pressure on bond yields, Gimber said. That will encourage the &#34;rotation&#34; towards more economically-sensitive companies in stock markets.</p><p>He said that, over the next year, companies that can raise prices and which can produce strong results will fare best, as inflation is expected to stay high.</p><p>&#34;Clearly within tech, there&#39;s going to be a big divergence in the performance of the strong-earning tech names versus the more speculative parts of the tech sector,&#34; he said.</p><p>&#34;You think about the banks, you think energy, you think industrials, as those sectors that tend to be more resilient to higher yields,&#34; Gimber said. &#34;It&#39;s the very growthy parts of the market that are seeing a much larger valuation drag.&#34;</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Tech stocks are set for more pain as the Fed hikes interest rates harder than investors anticipate, JPMorgan strategist says</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTech stocks are set for more pain as the Fed hikes interest rates harder than investors anticipate, JPMorgan strategist says\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-01-21 16:52 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://markets.businessinsider.com/news/stocks/tech-stocks-outlook-us-equities-fed-interest-rates-jpmorgan-2022-1><strong>Business Insider</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Tech stocks are likely to stay under pressure as investors continue to shift to value, a JPMorgan strategist said.Hugh Gimber said interest rates will rise higher than the market thinks, putting ...</p>\n\n<a href=\"https://markets.businessinsider.com/news/stocks/tech-stocks-outlook-us-equities-fed-interest-rates-jpmorgan-2022-1\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMZN":"亚马逊","MSFT":"微软","GOOGL":"谷歌A","AAPL":"苹果","NVDA":"英伟达","GOOG":"谷歌","TSLA":"特斯拉"},"source_url":"https://markets.businessinsider.com/news/stocks/tech-stocks-outlook-us-equities-fed-interest-rates-jpmorgan-2022-1","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1109088058","content_text":"Tech stocks are likely to stay under pressure as investors continue to shift to value, a JPMorgan strategist said.Hugh Gimber said interest rates will rise higher than the market thinks, putting upward pressure on bond yields.\"You're likely to see quite a different stock-market leadership to the one that's been so familiar over the past decade,\" he said.The tech-heavy Nasdaq index has fallen sharply in 2022 so far. VIEW press/Getty ImagesTech stocks are set to stay under pressure as the Federal Reserve raises interest rates much further than investors currently expect, according to a JPMorgan strategist.Higher interest rates will further push up bond yields, and \"equities will continue to take their cues from the bond market,\" Hugh Gimber, global market strategist at JPMorgan Asset Management, told Insider.The strategist said he's optimistic about stocks overall, but said more economically sensitive sectors such as energy and finance will do better than growth-oriented sectors such as tech.\"You're likely to see quite a different stock-market leadership to the one that's been so familiar over the past decade,\" Gimber said in a recent interview.Stocks have dropped sharply in 2022 as bond yields have shot higher in anticipation of the Federal Reserve raising interest rates. Tech stocks have borne the brunt of the pain, as higher bond yields make their often far-off future earnings look less attractive.Investors have pivoted to so-called value stocks such as banks, whose health is more closely tied to the economy. These were unloved during the pandemic, but now look set to benefit from higher interest rates, continued growth and inflation.The Russell 1000 growth index has tumbled 8.83% so far this year, according to Bloomberg data, while the Russell 1000 value index has fallen just 1.47%. That compares to a drop in the benchmark S&P 500 of more than 5%.Traders expect a total off our Fed interest-rate hikes in 2022. Goldman Sachs said last week that markets are expecting the cycle to end in late 2023 or in early 2024, with rates at around 1.6%, although traders' views are rapidly changing.But Gimber said he expects the Fed to go much further than that over the coming years, as it realizes that the economy can withstand higher borrowing costs. He expects the \"terminal,\" or peak, rate to be somewhere around 2% or 2.5%, although he did not specify when it would be reached.The realization among investors that rates are set to go higher than previously expected will add to the upward pressure on bond yields, Gimber said. That will encourage the \"rotation\" towards more economically-sensitive companies in stock markets.He said that, over the next year, companies that can raise prices and which can produce strong results will fare best, as inflation is expected to stay high.\"Clearly within tech, there's going to be a big divergence in the performance of the strong-earning tech names versus the more speculative parts of the tech sector,\" he said.\"You think about the banks, you think energy, you think industrials, as those sectors that tend to be more resilient to higher yields,\" Gimber said. \"It's the very growthy parts of the market that are seeing a much larger valuation drag.\"","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9007896990,"gmtCreate":1642818370755,"gmtModify":1676533749980,"author":{"id":"4091758936365950","authorId":"4091758936365950","name":"MHh","avatar":"https://static.tigerbbs.com/54b2feced9ef5dcc9e95997d1f4db280","vip":1,"crmLevel":7,"crmLevelSwitch":1,"idStr":"4091758936365950","authorIdStr":"4091758936365950"},"htmlText":"Difficult year even for people with balanced portfolio of bonds and stocks. Both down!&nbsp;","listText":"Difficult year even for people with balanced portfolio of bonds and stocks. Both down!&nbsp;","text":"Difficult year even for people with balanced portfolio of bonds and stocks. Both down!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9007896990","repostId":1109088058,"repostType":2,"repost":{"id":"1109088058","kind":"news","pubTimestamp":1642755128,"share":"https://ttm.financial/m/news/1109088058?lang=&edition=fundamental","pubTime":"2022-01-21 16:52","market":"us","language":"en","title":"Tech stocks are set for more pain as the Fed hikes interest rates harder than investors anticipate, JPMorgan strategist says","url":"https://stock-news.laohu8.com/highlight/detail?id=1109088058","media":"Business Insider","summary":"Tech stocks are likely to stay under pressure as investors continue to shift to value, a JPMorgan st","content":"<html><head></head><body><ul><li>Tech stocks are likely to stay under pressure as investors continue to shift to value, a JPMorgan strategist said.</li><li>Hugh Gimber said interest rates will rise higher than the market thinks, putting upward pressure on bond yields.</li><li>&#34;You&#39;re likely to see quite a different stock-market leadership to the one that&#39;s been so familiar over the past decade,&#34; he said.</li></ul><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/ef75458c66a38854a866b69cbc5617b2\" tg-width=\"1300\" tg-height=\"650\" width=\"100%\" height=\"auto\"/><span>The tech-heavy Nasdaq index has fallen sharply in 2022 so far. VIEW press/Getty Images</span></p><p>Tech stocks are set to stay under pressure as the Federal Reserve raises interest rates much further than investors currently expect, according to a JPMorgan strategist.</p><p>Higher interest rates will further push up bond yields, and &#34;equities will continue to take their cues from the bond market,&#34; Hugh Gimber, global market strategist at JPMorgan Asset Management, told Insider.</p><p>The strategist said he&#39;s optimistic about stocks overall, but said more economically sensitive sectors such as energy and finance will do better than growth-oriented sectors such as tech.</p><p>&#34;You&#39;re likely to see quite a different stock-market leadership to the one that&#39;s been so familiar over the past decade,&#34; Gimber said in a recent interview.</p><p>Stocks have dropped sharply in 2022 as bond yields have shot higher in anticipation of the Federal Reserve raising interest rates. Tech stocks have borne the brunt of the pain, as higher bond yields make their often far-off future earnings look less attractive.</p><p>Investors have pivoted to so-called value stocks such as banks, whose health is more closely tied to the economy. These were unloved during the pandemic, but now look set to benefit from higher interest rates, continued growth and inflation.</p><p>The Russell 1000 growth index has tumbled 8.83% so far this year, according to Bloomberg data, while the Russell 1000 value index has fallen just 1.47%. That compares to a drop in the benchmark S&amp;P 500 of more than 5%.</p><p>Traders expect a total off our Fed interest-rate hikes in 2022. Goldman Sachs said last week that markets are expecting the cycle to end in late 2023 or in early 2024, with rates at around 1.6%, although traders&#39; views are rapidly changing.</p><p>But Gimber said he expects the Fed to go much further than that over the coming years, as it realizes that the economy can withstand higher borrowing costs. He expects the &#34;terminal,&#34; or peak, rate to be somewhere around 2% or 2.5%, although he did not specify when it would be reached.</p><p>The realization among investors that rates are set to go higher than previously expected will add to the upward pressure on bond yields, Gimber said. That will encourage the &#34;rotation&#34; towards more economically-sensitive companies in stock markets.</p><p>He said that, over the next year, companies that can raise prices and which can produce strong results will fare best, as inflation is expected to stay high.</p><p>&#34;Clearly within tech, there&#39;s going to be a big divergence in the performance of the strong-earning tech names versus the more speculative parts of the tech sector,&#34; he said.</p><p>&#34;You think about the banks, you think energy, you think industrials, as those sectors that tend to be more resilient to higher yields,&#34; Gimber said. &#34;It&#39;s the very growthy parts of the market that are seeing a much larger valuation drag.&#34;</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Tech stocks are set for more pain as the Fed hikes interest rates harder than investors anticipate, JPMorgan strategist says</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTech stocks are set for more pain as the Fed hikes interest rates harder than investors anticipate, JPMorgan strategist says\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-01-21 16:52 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://markets.businessinsider.com/news/stocks/tech-stocks-outlook-us-equities-fed-interest-rates-jpmorgan-2022-1><strong>Business Insider</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Tech stocks are likely to stay under pressure as investors continue to shift to value, a JPMorgan strategist said.Hugh Gimber said interest rates will rise higher than the market thinks, putting ...</p>\n\n<a href=\"https://markets.businessinsider.com/news/stocks/tech-stocks-outlook-us-equities-fed-interest-rates-jpmorgan-2022-1\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMZN":"亚马逊","MSFT":"微软","GOOGL":"谷歌A","AAPL":"苹果","NVDA":"英伟达","GOOG":"谷歌","TSLA":"特斯拉"},"source_url":"https://markets.businessinsider.com/news/stocks/tech-stocks-outlook-us-equities-fed-interest-rates-jpmorgan-2022-1","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1109088058","content_text":"Tech stocks are likely to stay under pressure as investors continue to shift to value, a JPMorgan strategist said.Hugh Gimber said interest rates will rise higher than the market thinks, putting upward pressure on bond yields.\"You're likely to see quite a different stock-market leadership to the one that's been so familiar over the past decade,\" he said.The tech-heavy Nasdaq index has fallen sharply in 2022 so far. VIEW press/Getty ImagesTech stocks are set to stay under pressure as the Federal Reserve raises interest rates much further than investors currently expect, according to a JPMorgan strategist.Higher interest rates will further push up bond yields, and \"equities will continue to take their cues from the bond market,\" Hugh Gimber, global market strategist at JPMorgan Asset Management, told Insider.The strategist said he's optimistic about stocks overall, but said more economically sensitive sectors such as energy and finance will do better than growth-oriented sectors such as tech.\"You're likely to see quite a different stock-market leadership to the one that's been so familiar over the past decade,\" Gimber said in a recent interview.Stocks have dropped sharply in 2022 as bond yields have shot higher in anticipation of the Federal Reserve raising interest rates. Tech stocks have borne the brunt of the pain, as higher bond yields make their often far-off future earnings look less attractive.Investors have pivoted to so-called value stocks such as banks, whose health is more closely tied to the economy. These were unloved during the pandemic, but now look set to benefit from higher interest rates, continued growth and inflation.The Russell 1000 growth index has tumbled 8.83% so far this year, according to Bloomberg data, while the Russell 1000 value index has fallen just 1.47%. That compares to a drop in the benchmark S&P 500 of more than 5%.Traders expect a total off our Fed interest-rate hikes in 2022. Goldman Sachs said last week that markets are expecting the cycle to end in late 2023 or in early 2024, with rates at around 1.6%, although traders' views are rapidly changing.But Gimber said he expects the Fed to go much further than that over the coming years, as it realizes that the economy can withstand higher borrowing costs. He expects the \"terminal,\" or peak, rate to be somewhere around 2% or 2.5%, although he did not specify when it would be reached.The realization among investors that rates are set to go higher than previously expected will add to the upward pressure on bond yields, Gimber said. That will encourage the \"rotation\" towards more economically-sensitive companies in stock markets.He said that, over the next year, companies that can raise prices and which can produce strong results will fare best, as inflation is expected to stay high.\"Clearly within tech, there's going to be a big divergence in the performance of the strong-earning tech names versus the more speculative parts of the tech sector,\" he said.\"You think about the banks, you think energy, you think industrials, as those sectors that tend to be more resilient to higher yields,\" Gimber said. \"It's the very growthy parts of the market that are seeing a much larger valuation drag.\"","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":280,"commentSize":39,"repostSize":0,"favoriteSize":1,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.3","shortVersion":"4.29.3","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1109088058"}