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SNAP melts down, Disney earnings, Big Tech breakdown with Dan Ives and Alex Kantrowitz

The Compound and Friends

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The Implications of a Top Strategist Stepping Down

This chapter delves into the news of a top strategist resigning from their position at Morgan Stanley and explores the reasons behind this decision. It discusses the impact this departure may have on the market, as well as the strategist's reputation for being bearish. The chapter also includes personal anecdotes and speculates on the high cash positions in client portfolios.

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