John Authers, Columnist

One FANG Rout Doesn't Make a Market Revolution

Vaccine Monday’s violent moves will need further macro support for us to call this a true rotation.

This needs further study.

Photographer: CESAR MANSO/AFP/Getty Images

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One of the great things about Bloomberg is that we are free to speak our minds. Debate is encouraged. So I spent much of Tuesday in a lengthy Twitter debate with my colleague Kriti Gupta on the subject of whether what happened on global stock markets was a rotation. I argued yesterday that it was. Kriti argued Tuesday morning that it wasn’t. Her opening salvos went as follows: