Meta will be tradeable. On that, there is no doubt. Is the stock investable? We'll see.
The concern is that these big-cap tech stocks are a warning of much broader economic weakness.
A top in the dollar is not only possible, but probable -- and a weaker dollar would unhitch the plow on nearly all assets.
All this Fed speculation is not a pivot. It's simply practical.
Another major issue is that bonds are undercutting the lows they hit on Friday.
The historic drop in stock prices has provided an opportunity to buy great companies at good prices and not-yet-great companies at great prices.
So much inflation certainty is being priced in, even as the data turn.
All this volatility does is take investors' eyes off the bigger picture. They are losing money.
The Japanese currency is not far off ¥150 to the U.S. dollar, with another surge based on the discrepancy between tame price changes at home and rampant U.S. inflation.
This is when bonds and not stocks have become the lesser of two evils.