Investors Move Toward Cyclical Stocks
MRKT Matrix - Thursday, November 21st Dow jumps nearly 500 points as investors rotate out of tech into stocks linked to broader economy (CNBC) Morgan Stanley CEO is bullish on stocks, says the U.S. economy is ‘outperforming’ (CNBC) Google Should Be Forced to Sell Chrome Browser, Justice Department Says (WSJ) Nvidia says it will sell more of its next-generation Blackwell chips than previously anticipated (CNBC) Bitcoin hits fresh record, races toward $100,000 as rally continues (CNBC) Novogratz warns that there will be a bitcoin correction, says crypto is ‘levered to the gills’ (CNBC)…
The skinny
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