Technology Spending Sustains Citi's `Raging Bull' on U.S. Stocks

  • Outlays may rise this year by the most since 2007 as % of GDP
  • Strategist sees tech investment countering declines in energy

Increased business investment in technology will provide support to the economy and stock market next year, according to Tobias Levkovich, Citigroup Inc.’s chief U.S. equity strategist.

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