This is What the Bottom Sounds Like

Things were pretty dark on this week’s TCAF with Dan McMurtrie. Hopefully that means we’re getting closer to the bottom, or at least a bottom.
There has been a massive rerating of growth stocks over the last year.

When air was coming out of these high-multiple stocks in 2021, it wasn’t bleeding over to the rest of the market. Apple hit an all-time high in January while ARKK was in a 45% drawdown. But n…

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