It May Be Time to Rebalance Your 401(k), CalSTRS CIO Says

The video discusses the high valuations in technology stocks and the mixed earnings outlook. It highlights concerns about investing in big tech companies like Uber and Airbnb, despite their growth potential. The market's current sluggishness and the need for portfolio rebalancing are emphasized. Opportunities in global tech markets, particularly in Asia and Europe, are also explored.

What is the speaker's main concern about investing in tech companies like Uber and Airbnb?

• Regulatory challenges

• Lack of market presence

• High valuations and lack of profits

• Too much competition

What does the speaker suggest investors should do with their portfolios?

• Avoid any changes to their current portfolio

• Focus solely on technology stocks

• Rebalance to include non-U.S. stocks and fixed income

• Invest more in U.S. stocks

Why does the speaker feel uneasy about the current market conditions?

• Interest rates are too high

• There is a lack of enthusiasm despite high market levels

• There is too much government intervention

• The market is too volatile

What is the speaker's view on the opportunities in European tech markets?

• They are not worth investing in

• They are better than U.S. tech markets

• They offer potential but require caution

• They are too risky to consider

According to the speaker, what is a common issue with tech stocks in Asia?

• High revenues but low earnings

• Limited market access

• Lack of innovation

• Too much government regulation