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Tech Stocks Are Back (EP.309)

Animal Spirits Podcast

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The Inverse Correlation Between Tech Stocks and Rates

A lot of people thought last year that okay we have a inverse correlation and that's what's gonna happen. tech stocks got killed because interest rates went up as quickly as they did primarily the remissant the others, tax says. "It's simple number one they got oversold i know it's like a lame excuse but facebook was on seventy plus percent," he adds. 'More importantly it's fundamentals these companies and their management teams got the memo very very quickly'

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