Here's why tech could be the sweet spot for next year, but this hot sector is a no, says Wells Fargo

PIMCO founder Bill Gross told the Financial Times as much in a new interview, as he warned of overly accommodative central banks causing “dangerous” widespread euphoria for all sorts of assets, including stocks.

“An environment of slowing but above-average growth can benefit both cyclical and growth-oriented sectors, suggesting a more balanced approach to our sector guidance. As the cycle matures and economic growth begins to normalize, secular growth sectors, such as information technology, typically take a leadership role,” said the team.

Small-cap equities, heavily geared to early cycle recoveries, outperformed the S&P 500 and Russell Midcap Index over the past year. But in the transition to mid-cycle, which WFII sees ahead, slowing growth and less-abundant liquidity are less favorable to smaller companies. Still, the group is keeping a full weighting on small-caps.

Cryptocurrencies are having a rough day, with bitcoin BTCUSD, -4.73% struggling to hold $60,000. Twitter’s TWTR, +1.34% CFO said in a Wall Street Journal interview on Monday that it made no sense to invest the company’s cash in cryptos right now.The buzz Home Depot shares HD, -0.42% are rising toward a record after solid results. Walmart results WMT, -0.58% are just ahead, and we’ll hear from Target TGT, +1.66% and Lowe’s LOW, -0.59% on Wednesday.

For all those who are new to this working from home Bitcoin trading options Here's a little tip: Get a trusted Bitcoin expert and stick to him _Andrew_40 Invest and play at similar times each day. Because : In times of chaos, your investment is your anchor to success

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