Marcelle Daher

The biggest question mark for investors today is going to be an indication as far as timing is concerned for when The Federal Reserve is going to begin their balance sheet reduction plans, in general they have indicated September, with the last rate hike for 2017 to fall in the December time frame, so anything that confirms or denies that assumption is going to be interesting for the market.

In a world of muted growth, tech stocks can still be attractive for delivering attractive rates of earnings growth... However, because of the positioning around tech, there is to be expected a period of consolidation.