I agree with Bloomberg, attacking tech companies is a stupid idea, but remember, this is our congress talking and talking is what they do well. They will still be talking about it in 2024. Inflation is the real and eminant threat. But there are companies that can pass on the costs to consumers. Buy them at support levels.
A Bipartisan Bad Idea
Congress’s attack on tech companies would harm consumers, workers and the economy.
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About Frank Sortino
Frank Sortino is finance professor emeritus from San Francisco State University and Director of the Pension Research Institute which he founded in 1981. For 10 years he wrote a quarterly analysis of mutual funds for Pensions and Investments Magazine and he has written two books on the subject of Post Modern Portfolio Theory. He has been a featured speaker at many conferences in the U.S., Europe, South Africa, and the Pacific Basin. Dr. Sortino received his Ph.D in Finance from the University of Oregon and has carried out research projects with many institutions like Shell Oil, Netherlands and The City and County of San Francisco Retirement System.
Post Modern Portfolio Theory (PMPT) 