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·High valuation Tech companies ≈ growth stocks, which are getting hammered the most in this market blood bath. The reason I believe is that recent data the Consumer Price Index show 4% and climbing fast, so people are now pricing in big interest increases. Since growth stocks earnings are all in the distant future, they get discounted at a higher rate @Nikolas Kong #The Most Important Thing
cnbc.com/2021/05/12/consu..

