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Quote of the Day

"All around me I see examples of people, portfolios, strategies, messaging and business models that weren’t built to withstand corrections that persist for more than a month or so, as this one now has. Free asset management isn’t built for it."

(Josh Brown)

Chart of the Day

The FAANG stocks have lost a combined $800 billion in market cap in the past two months.

(nytimes.com)