S&P 500 Feels Too Safe, Morgan Stanley's Skelly Warns

The transcript discusses the mixed performance of the tech sector, influenced by regional bank stress and predictions about the Federal Reserve's actions. It highlights concerns about market safety and valuation, particularly in the S&P 500. The tech sector has evolved over the past 20 years, with stronger balance sheets, higher free cash flow, and more recurring revenues, but remains susceptible to market slowdowns.

In what ways has the tech sector changed compared to 20 years ago?

What are the implications of a growth slowdown on the tech sector?