
Can tech continue to dominate the markets?
Goldman Sachs The Markets
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The Future of Tech Markets in 2024
In 2024, there is anticipated to be a broadening of strength in the tech markets, with a projected acceleration in growth rate to over 6%. This anticipated acceleration is significant as the tech market had undergrown its normalized trajectory in the past two years, only growing by 3% annually. As a result, it's expected that the leadership in the tech market will start to change to accommodate this acceleration. Investors are advised to look beyond the traditional 'magnificent seven' stocks to find the best returns.
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