What insider buying at tech companies says about stocks and the economy

Insiders at tech companies are telling us our worries about the market are overblown. While experts debate whether trade wars and an inverted yield curve portend the demise of the U.S. economic expansion, this group of elite business leaders has little doubt.

Over the past few weeks, insiders at more than a dozen tech firms have purchased significant amounts of their company stock. Insider buying in the tech sector is highly unusual, so the purchases stand out.

Buying has been especially pronounced at chip companies, which are particularly sensitive to China trade war saber-rattling and changes in growth prospects.

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