We are in the 3rd major drawdown of the 2000's.
2000: DotCom Crash
2008: Great Recession
2020: Great Reset.
Elon is buying Twitter. The far left is pissed. But now he's got backing by big private equity and Larry Ellison. He also says he will take Twitter public again in 3 years or so.
Tesla is killing it. Growing 50% year over year at a scale never before seen in history.
Netflix completely dropped the ball. Raised prices too fast and programming is not good enough. Down 72%.
So many tech companies down 50 - 90%. There will be more carnage.
Recommendations: get outside. It's summer.
