The inevitable correction in technology was due and wild suggestions by politicians is the supposed excuse. I believe the secular growth of AI related tech stocks is unstoppable, and that while this correction may be uncomfortable for a few weeks, we are likely to find a positive resolution before year end.
7/18/24 – The Guardian: "Nasdaq losses deepen amid market jitters over US policy on chipmakers" by Dan Milmo and Jack Simpson
Analysts play down concerns and maintain confidence in AI boom after index’s worst day since December 2022
