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The inflation problem isn't going away, and that could spark a stock market sell-off in the second-half of the year, a Credit Suisse strategist warned.
Mario Tama/Getty Images) This story is available exclusively to Insider subscribers. Become an Insider and start reading now. The broad consensus is that inflation fears are driving investors out of tech stocks this week. But CIO David Bahnsen says that overvalued tech stocks have flown too close to the sun. He thinks that the sell-off is "healthy," "inevitable," and "nowhere near over." What began as a sell-off among tech stocks on Monday spilled over into the rest of the market on Tuesday, with the Nasdaq down 2% at the market's open and the Dow Jones Industrial Average following closely behind.