Quarterly Outlook
Equity outlook: The high cost of global fragmentation for US portfolios
Charu Chanana
Chief Investment Strategist
Summary: Slack Technologies is the latest tech unicorn to join 2019's IPO frenzy, joining the likes of other venture capital darlings Lyft, Uber, Pinterest and Zoom. Investors will need to weigh the firm's impressive user growth against what appears to be a high valuation.