Fundstrat: Labor shortage will cause tech stocks to skyrocket

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Fundstrat: Labor shortage will cause tech stocks to skyrocket

publicat 2024-05-27 00:00:02 (Bursa)

* The weight of the technology sector will reach 50% of the S and P 500, believes Tom Lee, strategist of Fundstrat A global labor shortage of about 80 million people by the end of 2030 will cause tech stocks to skyrocket, says Tom Lee, head of research at market strategy and analysis firm Fundstrat, according to Business Insider . Lee expects the technology sector and #39;s share of the S and P 500 to rise to 50%, from about 30% currently.

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