Kobeissi Letter: Stealth Bear Market Hits Nasdaq 100
The Kobeissi Letter reports the Nasdaq 100 erased $4 trillion in 25 days while the S&P 500 Excluding AI reached a record high as AI stocks dropped over 13% in October.
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The Kobeissi Letter reports a stealth bear market in full swing as the Nasdaq 100 erased -$4 trillion in 25 days while the S&P 500 Excluding AI hit a record high on Friday with an +8% gain even as AI stocks fell over -13% in October.
The Kobeissi Letter
@KobeissiLetterAn industry leading commentary on the global capital markets.