Why Tech Stocks Won't Lead The Next Bull Market (MSFT, ORCL, AAPL, YHOO, GE)

Eventually there will be another bull market, and it’s always a good mental exercise to play the “what will lead the next bull market when it comes” game. Right now it’s particularly tough, since everything in the economy seems so miserable.

The two easiest answers are “natural resources” and “tech.” We’ll skip resources for now, but if commodity prices from last year represent some norm for when the world economy is humming, then it’s easy to imagine these stocks roaring higher.

Tech, meanwhile, is always a popular guess. Tech and economic growth are inherently connected. Tech drives human progress and lifestyle advance. Tech is inherently on the cutting edge.

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