The Tech bubble is DOOMED. It's collapsing for the same reason it collapsed in Y2K - slowing growth AND a Fed eager to make up for lost time.

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by BoatSurfer600

So why does EVERYTHING feel like it's about meltdown?
Piper Sandler chart pretty much explains it.
Financial conditions were tightened gigantically and quickly by the financial mkts themselves.
Liquidity destroyed in unprecedented fashion.
Severe economic slowdown coming. pic.twitter.com/MVqhP2Ed3D
— Dan Tapiero (@DTAPCAP) May 9, 2022

*BITCOIN DROPS AS MUCH AS 4.2% TO THE LOWEST SINCE JULY 2021
Drawdowns Current Futures
Bitcoin XBT -54%
Russell IWM -27%
Nasdaq NDX -26%
S&P 500 -16%
Gold XAU -10%
*VIX up 70% since March 31, financial conditions are tightening at the fastest pace since Lehman´s failure.
— Lawrence McDonald (@Convertbond) May 9, 2022

https://twitter.com/leadlagreport/status/1523617312989118465

Over 20% of the NASDAQ biotech index are trading for less than cash. 👀 pic.twitter.com/CpVLjexGIb
— Markets & Mayhem (@Mayhem4Markets) May 8, 2022

With this amount of leverage.. you won’t get a soft landing pic.twitter.com/UGe6z6MDTy
— Alessio (@AlessioTMAD) May 8, 2022

Tighter #financial #conditions are weighing on #valuations as would be expected.
h/t @thedailyshot pic.twitter.com/gNlVySBtQw
— Lance Roberts (@LanceRoberts) May 9, 2022

FED'S BOSTIC: BY THE END 2023 I THINK THE FED NEEDS TO BE SOMEWHERE IN THE NEUTRAL RANGE, MEANING BETWEEN 2% AND 2.5%.
— FinancialJuice (@financialjuice) May 9, 2022

The Fed's Neel Kashkari published an essay Friday in which he admitted an uncomfortable truth. He wrote that if the supply-chain disruptions don't resolve soon, the Fed may be forced to spur a recession. https://t.co/QXdDuw6zVb
— Lisa Abramowicz (@lisaabramowicz1) May 9, 2022

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