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Oct 07 2020

Tech Mania 2.0 Doesn’t Quite Measure Up

  • Oct 7, 2020

In the 24 months leading up to its early-September peak, the S&P 500 Technology sector gained 68%. By comparison, the two-year S&P 500 Technology gain going into its March-2000 peak was 203%. The S&P SmallCap 600 Technology Index doubled in the 23 months leading into the early-2000 top versus the two-year gain of just 6% at its 2020-summer peak.

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About The Author

Doug Ramsey / Chief Investment Officer & Portfolio Manager