When The Market Structure Breaks: How To Survive The Next Phase
Yahoo Financeยท2025-10-12 18:16
We saw this pattern before. In 2021, the tech unwind punished growth without cash flow. In 2018, liquidity dried up and exposed leverage that had been ignored. The same dynamic is playing out again. Unprofitable tech, over-leveraged consumer names, and small caps dependent on cheap debt are leading the decline. These are the early casualties of tightening conditions that are now real, not theoretical.The illusion of stability is fading. Passive flows and blind optimism have suppressed volatility, which is n ...