2 ms·
No. We just printed positive GDP growth after 2 quarters of slightly negative growth. More importantly, we’ve added many jobs and unemployment is low. However,
by nemo44x 4y ago
No. We just printed positive GDP growth after 2 quarters of slightly negative growth. More importantly, we’ve added many jobs and unemployment is low.
However, we have been in a sector correction for nearly a year now with it beginning to affect high growth cloud tech a year ago and moving into tech generally since. In general growth has done poorly as yields have risen and people have moved into other assets. Many over-leveraged investors have had to liquidate to stay solvent (due to not only falling asset prices but the cost for margin has rising extensively) further driving down prices.