Tech Stocks Set for `Bumpy Ride,' Saxo Bank Says

The video discusses the impact of a relief bill on inflation and equity strategies, highlighting the positive outlook on equities due to attractive cash flow yields. It examines the effects of rising interest rates on technology stocks and the divergence between NASDAQ and S&P 500. The video also identifies market bubbles in green technology and biotechnology sectors, emphasizing the sensitivity of these stocks to interest rate changes. The discussion concludes with an analysis of the ongoing divergence between NASDAQ and S&P 500, driven by interest rate sensitivity and equity valuation adjustments.

What are the long-term drivers of stock prices according to the text?

In what ways might the output gap closing impact interest rates?