“Years of interest rates near zero and emerging markets leading the way in terms of economic growth look set to be upended as the Federal Reserve inches towards its first rate hike in almost a decade. The Goldman team, led by chief U.S. equity strategist David Kostin, suggest investors look at information technology and financials as we enter a new leg in global markets,” reports Bloomberg.
Last month, investors piled into tech ETFs after approaching the funds in tepid fashion through much of the year. Now, XLK’s 2015 inflows appear robust when measured against other sector ETFs.
Technology Select Sector SPDR
