After The Tech Bloodbath: Buy The Dip Or Brace For More?
The great tech reset
The tech unwind continues, but the really interesting story is what is happening beneath the surface. Positioning has collapsed, volatility has exploded, and credit is flashing increasingly uncomfortable signals, even as the headline indices remain relatively resilient. From Deutsche Bank's perfectly timed tech downgrade to the potential for another $225 billion in forced selling, today's wrap looks at a market where the risks are becoming harder to ignore.