The Tech Focus Show: A Technology Focus Show

We've described it as recessionary price action. We saw an absolutely massive couple of days spike in the VIX. This benign backdrop for the broader index is being driven by this decorrelation between tech or sectors like tech, comm sector and the rest of the market. The behavior Greg of mega cap tech is so interesting right now. They're behaving like non-risky assets. That's exactly what we're seeing.