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[Big Tech] “‘Bubble’ hitting 50% of market, top investor warns as Fed gets ready to meet”

“…Despite Monday’s tech comeback, money manager Dan Suzuki of Richard Bernstein Advisors warns the group is in a “bubble.”

“Go back and look at the history of bubbles. They don’t softly correct and then are off to the races six months later. You typically see a major correction, you know, 50% or more. And, typically it comes with an overshoot,” the firm’s deputy chief investment officer told CNBC’s “Fast Money.”…”

https://www.cnbc.com/2022/05/02/50percent-of-market-is-in-a-bubble-dan-suzuki-warns-as-fed-gets-ready-to-meet.html

Wow 50% correction? It’s probably time to pull out. Cut your losses if you have any.

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