Switzer on Saturday
September silliness or maybe sensibleness continued overnight with Wall Street succumbing to negativity again, with big tech most out of favour.
Fear and anxiety around what Fed boss Jay Powell would say about tapering was overdone and while he did say the economy was doing well enough to cope with less ..
It’s been a positive finish for Wall Street after a negative week, with those long on tech stocks going to like the strong day for the Nasdaq.
The Yanks aren’t ignoring the rise of the Delta variant in the US but Wall Street is, though you can’t help but ask if the penny will drop in coming months