Raymond James’ investment chief breaks down his prediction for the market’s trajectory in 2021, including the 5 sectors he’s most bullish on — and shares why he thinks tech stocks are just getting started
Wall Street is increasingly skeptical about the record-high valuations in the stock market, particularly in mega-cap tech.
Strategists at Bank of America and Morgan Stanley, along with a slew of other voices, are warning at various degrees of severity that the tech-driven markets are due to cool off in the months ahead with investor sentiment reaching more extreme levels.
To Raymond James Chief Investment Officer Larry Adam, they’re all wrong — especially about tech stocks.
Adam argues that current…