Q: Is it too late to get into a NASDAQ ETF or do you think it will continue to go up?
5i Research Answer:
Predictive questions are always difficult, but if interest rates do in fact peak soon, and this seems likely, then we would expect tech stocks to do well. Also, with US banks imploding, tech stocks may be seen as a 'safe' sector as most companies tend to have very strong balance sheets. We would be comfortable with tech exposure today.