The Swiss bank UBS has compared the current economic backdrop to a similar situation in 2011, suggesting it may be a good time to invest in tech stocks. During that year, the US debt ceiling crisis led to market volatility and ultimately drove up prices of technology companies. According to UBS, this similarity could lead to favorable conditions for tech investors.

Source: https://www.marketwatch.com/story/the-backdrop-now-is-similar-to-the-debt-ceiling-crisis-of-2011-which-was-a-great-time-to-buy-tech-stocks-says-ubs-d071769c?mod=mw_rss_topstories

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