Economic Challenges Loom, Bullish on Mid-Market Tech
Schwab Network · Schwab Network
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Show Notes
Rami Cassis warns that the U.S. economy may be facing challenges ahead. Cassis notes that the recent jobs report and potential rate hikes may lead to waning investor confidence and reduced consumer spending. He believes this could result in a tougher second half of the year and potentially impact IPO valuations. However, Cassis remains bullish on lower mid-market tech, particularly in fintech and pharma tech.
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