The models are broken
The market is trying to get back to the pre-Covid and pre-war times, but that model is broken. A new dawn is here and the financial world needs to adapt.
Steen Jakobsen,
Chief Investment Officer
FX Trader, Loonieviews.net
Summary: The biggest and the brightest of Nasdaq's tech stars have lost some shine today and taken the rest of Wall Street lower. Meanwhile, the Brexit-beleaguered sterling is hurting too.