Tom Essaye Quoted in Barron’s on August 2nd, 2023

Tech Stocks Lead the Market Lower

Wednesday’s market action is a reminder to investors that stocks can still go down, Tom Essaye, founder of the Sevens Report, said in an interview with Barron’s.

“When you have a market that is essentially pricing in nothing bad happening and all of a sudden you get kind of a surprise – then it’s a reason to sell and I think that’s what we’re seeing today,” Essaye said.

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