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Catching Up
One thing you can say about 2023 in markets so far is that it’s nothing like 2022. The change has been rapid; most indices bottomed late in the fourth quarter of the year, and the Nasdaq was still weighted down in the first week of January this year.
We’ll focus on the Nasdaq here, as this is a tech newsletter. Below we’ll walk you through how the Nasdaq fared in 2022, what’s happened since the lows, and we’ll catch you up on a number of the key tech earnings now under the market’s belt. We share our outlook for the Nasdaq for the year and our take on tech earnings so far. We’re wondering whether a generational shift in the vendor landscape is afoot.
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