Recently, there have been strong price movements in tech stocks.

Some have plummeted, others have bounced back on reports.

What causes the strong movements?

Three savings economists give their views on the matter.

Nicklas Andersson, savings economist at Avanza

- The nervousness is great and no one wants to sit in tech companies with a growth valuation where growth slows down.

Right now, the tech companies are in the cold.

When the inflation rate rolls over and the central banks have more austerity in the rearview mirror than in the windscreen, we should be able to see a renaissance, says Avanza's savings economist Nicklas Andersson.

However, he tracks a calmer development for tech stocks.

- We should not expect the excesses we saw here and were some time ago, ie that you could value some "red-hot" non-profit companies to 60 - 70 times sales, it is not healthy, Avanza's savings economist Nicklas Andersson answers.

Frida Bratt, kick economist at Nordnet

Apart from the last report week, what would you say the stock market trend is for tech if you look at the last few months and look ahead?

- The stock market has for a while focused on geopolitical unrest, but has now basically left the war worries and is now once again focusing on the dark clouds that inflation and a new interest rate climate entail, says Nordnet's savings economist Frida Bratt and continues:

- Tech generally does not thrive in an inflation-driven climate, which we clearly see in Swedish and Nordic tech, where companies more clearly have a growth character whose valuation becomes more difficult to calculate with higher interest rates.

Several Swedish technology companies, many of them former saver favorites, have completely collapsed on the stock market, says Bratt.

Joakim Bornold, savings economist at Söderberg & Partners

Is tech not as hot anymore?

Do we see a revaluation of future companies?

- It's a bit of a bubble that got pyspunk.

It is good that the entire capital market for tech companies is sobering up.

It has been too easy to raise capital for mediocre projects.

It is unsustainable in the long run.

Tightened cranes will increase the quality of companies on the stock exchange, states Joakim Bornold, savings economist at Söderberg & Partners and continues:

- The big established giants like Meta or Amazon will bounce back.

A large part of the growth of the world economy takes place within these companies, says Bornold.