According to the Bank's financial policy committee, higher interest rates and uncertainties related to inflation and economic growth have led to stretched valuations for some risky assets, as quoted on CNBC. Despite some pullback in technology shares due to recent interest rate increases, the price-to-earnings ratios for major tech companies like Microsoft, Alphabet, and Nvidia remain elevated. Don’t Dump Tech: Tap High Value Ones “New normal” trends like work-and-learn-from-home and online shopping, increasing digital payments and the growing video-streaming scenario are sure to stay for long.