• 'The age of technology is over': One market expert explains why tech stocks are doomed to keep crashing

    5 monthes ago - By Business Insider

    The tech-heavy Nasdaq Composite index has taken a serious beating since reaching a record high in late August, falling 17% from its peak. And that includes Friday's big rally.
    Vincent Deluard, a macro strategist at INTL FCStone, explains why tech-sector pain is just getting started - and why the sector is "no longer special."
    Don't let Friday's torrid rally fool you. Tech stocks are in a whole heap of trouble.
    Sure, the tech-heavy Nasdaq Composite index soared as much as 5% on Friday, but it's still down a whopping 17% from a record high reached in late August.
    The reasons are plentiful...
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