Has Gold Lost Its Investment Lustre?
Stephen Innes, Chief Global Market Strategist, Axi
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S&P 500 tech shares have performed in terms of recent earnings but currently trade at 36 times profits, while the broader index is at 32. Is this tech premium justifiable?
The Morning Run speaks to Stephen Innes, Chief Global Market Strategist at Axi, about this as well as whether silver is undervalued, where gold stands amongst investors, whether Brent crude can pass the $60 mark, and how long the global chip shortage could last.
Produced by: Mike Gong
Presented by: Lyn Mak, Noelle Lim, Roshan Kanesan
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Tags: tech stocks, premium, silver, gold, brent crude, chip shortage