Ann: Supply Chain Update, page-6

risk off in markets again. China consumers have stopped buying discretionary items, such as cars and appliances. Nothing to do with ISX but investors are getting cautious on weaker consumer demand, and hence weaker growth. High valuations on tech and fintech stocks are coming off and risk appetite is low. Just saying that stocks like ISX, and even APT are going to suffer from risk-off mentality in the markets.I like APT btw, but as we can all see it has come right off in recent days due to high valuation and a change in investor sentiment