Coronavirus could spark a 20% tech pullback, investor Paul Meeks warns
Investor Paul Meeks is bracing for a bear market in technology.
Meeks, who’s known for running the world’s largest tech fund during the dot-com boom, sees 20% pullback risks growing as the coronavirus outbreak spreads.
“There is some comeuppance due, and unfortunately I think the coronavirus is that exogenous variable that is a catalyst to take some of these stocks down,” the portfolio manager…
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