In this commentary we discuss today’s stock market sell-off which was caused by questions around high valuations in tech stocks. These stocks account for a significant portion of many indices. Diversification is prudent.
Commentaries are published by Cetera Investment Management LLC, an SEC registered adviser owned by Cetera Financial Group. Cetera Investment Management provides market perspectives, portfolio guidance, model management, and other investment advice to its affiliated broker-dealers, dually registered broker-dealers and registered investment advisers.