this is what I say about growth/tech, it's where retail trades the most, because there's better opportunity, the boring cyclical/ value stocks gain maybe 5 % a quarter and that's mostly because they force this to happen. They raked the tech/growth sectors because that's where retail is at, taking the money. Now after directing retail to go with FANG, boring banks, cyclicals, retailers etc they will dump those leaving the directed holding the bag over there as they come back to growth.
Banks, you think they are in good shape, with 0% rates until 2023? and crypto currency spreading like covid 19? Which by the way is too late now, both are here to stay.
"They" shorted growth/tech using rates/inflation as an excuse vehicle and used the proceeds to buy the boring stuff, forcing the sheeple retail herd to follow, this will swing back, and the herd will always be following getting fleeced with the odd one getting some scraps to entice like a rigged slot machine.
