4min chapter

Plain English with Derek Thompson cover image

The 2023 Economy FAQ: Is Recession Inevitable? Will Housing Crash? Can Tech Recover?

Plain English with Derek Thompson

CHAPTER

Is There a Recession in the Stock Market?

Tech used to be the upstart, right? It was the we started our companies in garages in Silicon Valley and look at us now. The tech sector as a whole was down like 50% from the highs in terms of like the NASDAQ. I do think that the entire tech industry is experiencing something like an existential midlife crisis - not understanding what comes next.

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