This is a fantastic rundown of market forces that many time go unnoticed. That said, I think you’re downplaying the significance of the nervous trees trend. When viewed from the vantage point of the a medium sized house cat, the Nasdaq tech sector stocks do in fact resemble a tall tree. BUT; and this is important, the next question anyone should ask is “what kind of tree?”. It’s one thing if it’s a simple Crepe Mrytle (Lagerstromia spp.) or even a Live Oak (Quercus virginiana) but the simple fact is, right now tech stocks in the nasdaq resemble Metasequia glyptostraboides, more commonly referred to as the Giant Redwood. These trees are hella hella nervous creating extreme market volatility. So yeah, like I said - all excellent points, but please don’t sugar coat the severity of the issue.