The Nasdaq one year on
13 juin 2023
Just over a year ago, we wrote that ”the Nasdaq has seen a substantial derating and normalisation over the past six months and the time has come to increase our tech stocks positions within US equities, at least for the medium term”. Since then, the Nasdaq has gained 18% (total return) vs +12% for the S&P500, although it has outperformed primarily in the past few weeks. ..