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2022 Merry Market Recap: Claus for concern
Many Happy Returns
Cloud Computing Is a Consumer Staple, Isn't It?
The broad S&P 500 this year is down roughly 18% or so. The NASDAQ, which is more of a tech focused index, that's down roughly 30%. But then these fang stocks, which are the big tech companies, are down almost 50% from the start of the year. And whenever there's a huge concentration, the way it pans out is always the same, which is a huge sell-off in those very bubbly stocks.
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