Tech stocks appear to be the first ones to tremble every day the market opens they are always iffy.
Tech stocks appear to be the first ones to tremble every day the market opens they are always iffy.
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They will continue to be iffy, because their run up in valuations over the last 12 to 18 months isn’t based on anything substantial.
Pure hype & speculation, plus the usual index fund investors buying in no matter the fundamentals.
Index fund investing is not problematic in itself, but does tend to have a blind spot in propping up businesses that would otherwise take a haircut.