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The Year Big Tech Stocks Fell From Glory

WSJ Original article ›
LyrArc Article Gist
The old adage of people retiring well on stocks of essential household purchases held to retirement such as P&G turns out to be true. Tech stocks fell from grace in 2022. For the three worst years of the pandemic 2019 -2021 tech stocks such as Google and Amazon gained over $4 trillion. In 2022 Tech stocks lost about $3 trillion WSJ graphs show in this report. America has changed profoundly during this pandemic and frothy or frivolous anything is bad news.



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