Looking at Snowflake stock, wow, at one stage this was worth $70 billion yesterday on its IPO and that’s as much as Goldman Sachs.

Tech is the high quality, high margin businesses that are very adaptable to this distant kind of economy where you work from home, you shop from home, you entertain from home, you school your kids from home, and unfortunately that’s probably an economy we need to adapt to as stock traders and investors.

Marija Veitmane, senior multi-asset strategist at State Street Bank, discusses the rally in tech stocks, valuations and her outlook for markets. She speaks on “Bloomberg Daybreak: Europe.”

Source: https://www.youtube.com/watch?v=nf52_StVS1s

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