WS #15923
Leading economists are warning that recession odds have crossed the 50-50 threshold due to tightening financial conditions and an AI bubble burst. This macro fear is driving a sharp selloff in growth and technology stocks, with the Nasdaq down 2% and semiconductors dropping 4.5%. Dell's 11% plunge highlights specific weakness in hardware demand, while inverse tech ETFs like SQQQ are rallying, indicating a broad-based bearish sentiment toward high-multiple assets.
Tech Selloff & Recession Fears
Leading economists are warning that recession odds have crossed the 50-50 threshold due to tightening financial conditions and an AI bubble burst. This macro fear is driving a sharp selloff in growth and technology stocks, with the Nasdaq down 2% and semiconductors dropping 4.5%. Dell's 11% plunge highlights specific weakness in hardware demand, while inverse tech ETFs like SQQQ are rallying, indicating a broad-based bearish sentiment toward high-multiple assets.