'I declare a recession': Thoughts on a dismal year for tech stocks

It's been a testing year for tech investors. To give this comment some context, take note that the Nasdaq 100 is down almost 20% this year, due largely to the slashed valuations in big tech. Tech start-ups are not immune from the downturn either, with closer scrutiny being applied to business models and balance sheets.

Dan Kemp, global CIO at Morningstar Investment Management, joins The Wealthtech Show this week to help us make sense of it all. Will the downturn be here for long? Do investors need to take action? Are we really in a recession? And which tech companies will survive, or even thrive, in the next few years?

What is Citywire: The WealthTech Show?

They say that money changes everything. Well, so does technology. In this podcast, The WealthTech Show, we speak to the ground-breaking pioneers who are using tech tools and trends to shape the future of investing and financial planning.

With new solutions and trends popping up at a mind-boggling rate, we explore what this means for our everyday lives, as well as the wealth management and financial advice industries. Welcome to The WealthTech Show.