Did This MIT Report Trigger The Selloff In Tech Stocks?

Authored by Simon White, Bloomberg macro strategist,

An AI study from the Massachusetts Institute of Technology is being blamed for yesterday’s tech-led selloff, but that’s likely a convenient narrative given the information is not particularly new, and tech stocks were already facing vulnerabilities.

There was a macro research outfit that was famed for releasing reports at market extremes to almost guarantee a pronounced market move.