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Tech continues to rule the roost in terms of earnings: DBS

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High-growth tech stocks continue to be the bulwark on an income-generating portfolio, DBS said, despite concerns about rising yields undermining the valuations of these money spewing businesses. “Most investors are of the view (that) it is a bubble, and therefore susceptible to bond yields rising,” said DBS Chief Investment Officer Hou Wey Fook. But DBS’ analysis indicates that valuations of…

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