Narrative Collision! ‘The Best Is Behind Us’ Meets ‘Tightening Ourselves Into A Slowdown’

Friday morning finds U.S. traders staring down yet another big selloff in Tech just a day on from a Thursday bounce which featured Growth outperformance that was even more epic than the underperformance which characterized Wednesday's Nasdaq bloodbath. The reversal of fortunes on Friday comes courtesy of disappointing results from Amazon and Alphabet. Just about the last thing the market needed right now was for those two mammoths to undermine confidence, but that's just what happened after t
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