You can draw your own conclusions there…
It was a good day for the “future.”
No, you should not buy growth at any price.
“Let me in.”
“During the last couple of weeks I have noticed that often Nasdaq underperforms the broad market, and it looks more tired than Lindsay Lohan’s probation officer.”
There will be blood.
“It seems that everywhere you look these days, tech is under attack.”
These concerns have found expression in cautious notes from Goldman and lengthy missives penned by the likes of Howard Marks, who in July implicitly compared the current environment to the “perpetual motion machine” that was at work just prior to the dot-com bust.