A piece contributed to Zero Hedge by Chris at Capitalist Exploits flags the strong correlation between tech stocks and bonds markets, referring to WeWork as a real estate leasing business dressed up as a tech company at the tail end of a bull market. Geeks love the tech. The chart below shows that in the last 12 months, the S&P 500 has risen an average of about 10% per year while the Dow Jones Industrial Average is down just over 10%.
A piece contributed to Zero Hedge by Chris at Capitalist Exploits flags the strong correlation between tech stocks and bonds markets, referring to WeWork as a real estate leasing business dressed up as a tech company at the tail end of a bull market. The chart below shows that in the last 12 months, the S&P 500 has risen an average of about 10% per year while the Dow Jones Industrial Average is down just over 10%.