Tech stocks have been the biggest and best of the financial system right now. More flowing in, debt building higher, more ownership and control. Suddenly, there has been another turnaround. Not the first one this sector has experienced, that’s for sure. With just about every retail investor, institutional investor, and central bank-turned hedge fund buying tech stocks, the question is: Will they ever go meaningfully down?
Stock market today: Dow drops more than 500 points, S&P 500 posts first 4-day losing streak since February
www.cnbc.com/2020/09/20/stock-market-futures-open-to-close-news.html
Stock sell-off accelerates and is expected to get worse before it gets better
Monday’s stock-market selloff sets up worst September in 18 years – MarketWatch
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www.zerohedge.com/s3/files/inline-images/tqqq%20flows%209.21.jpg?itok=PJoYYZVS
Deutsche Bank, JPMorgan lead drop in bank shares amid suspicious funds report
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A financial crisis could surprise investors ‘sooner rather than later,’ warns Deutsche Bank – MarketWatch
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After the Stimulus Binge, Brace for a Crash – Reason.com
reason.com/2020/09/21/after-the-stimulus-spending-binge-brace-for-a-big-crash/
Congressional Budget Office: Federal debt nears ‘unsustainable’ levels – Washington Times
www.washingtontimes.com/news/2020/sep/21/congressional-budget-office-federal-debt-nears-uns/
Government debt rose at a 59% pace in Q2 amid effort to halt coronavirus
A Covid Surcharge on Restaurant Checks? Some Owners Are Wary – The New York Times
www.nytimes.com/2020/09/17/dining/nyc-restaurant-surcharge-covid.html