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Tech sell-off isn't over because investors are not scared enough yet, MKM says

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are all down at least 9.9% for September. Apple and Facebook, specifically, have plunged more than 16% over that time period. Those steep declines come amid valuation concerns for the best-performing group on Wall Street since the market's late-March rebound.

 

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How does today’s tech boom compare with the dotcom era?Throughout the 1990s, the tech boom led to a 1.5 percentage point leap in R&D investment. In the 2010s investment rose by just 0.7 percentage points of GDP GDP is a bad indicator. New Zealand dared to get rid of it. Other nations should consider the same way seriously. RS rstwt
Source: TheEconomist - 🏆 6. / 92 Read more »