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The smartest money on Wall Street is framing Tuesday's tech rout as a healthy shakeout, not a structural breakdown. Morgan Stanley's Andrew Slimmon argues the sell-off that erased over $1 trillion from Nasdaq 100 market value was a feature, not a bug. "The AI beneficiaries fell because the trade became crowded, not because fundamentals broke," he said, calling it a reset that flushes out momentum chasers. On the chart, a **bull flag pattern in the S&P 500 remains firmly in...
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