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The Great Rotation Out of Tech — Season 9, Episode 47

And they get it wrong again

Thomas Look's avatar
Thomas Look
Apr 23, 2026
∙ Paid

CNBC this week: “The much-hyped great rotation out of tech for 2026 may be over already.” Six weeks. That’s how long this one lasted before the obituary got written.

If you’ve been trading this bull market since the October 2022 low, you’ve seen this movie roughly twice a year. Same script, different macro villain, same ending. At some point, it stops be…

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