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Embrace ‘the mullet trade,’ Jefferies analyst says
The rebound for tech shares could however be a yr out, a single longtime tech analyst stated, and the recovery may even take the condition of an iconic hairstyle. “We consider in the mullet trade… where it is sort of small business in front, get together in again,” Thill reported on Yahoo Finance Reside (video earlier mentioned), referring to the haircut that rose to acceptance from the 1970s by way of the ’90s. “Ideally that plays out. [That] it may perhaps conclusion up just remaining a dragged-out, seriously difficult 2023 is the risk, and it could stop up staying a back half ’24 reemergence from this rather than someday in…

