U.S. Tech Sector Poised for Positive Surprises, Says Whittier Trust’s CIO

The video discusses current market sentiment, focusing on the potential impact of a US-China trade deal and the ongoing earnings season. Despite initial concerns of an earnings recession, early reports show positive surprises, particularly in the tech sector. The NASDAQ 100 is at record highs, but signals indicate it may be overbought. The tech sector's earnings have been revised lower, setting the stage for potential positive surprises. The market's forward PE ratio is higher than historical averages, but low interest rates make these levels sustainable.

What are the implications of the current tech earnings trends in relation to the NASDAQ 100?

How do low interest rates affect the market's forward PE ratios?