Tech Woes and Rate Hikes Spook Markets, Managers Advise Defensive Investing

More gloom from tech as Meta's weak forecast and Nasdaq correction spook markets. Hopes now on Amazon earnings.

Money managers warn the market crash they predicted is here. Advise getting defensive and into cash.

Surging Treasury yields may indicate corporate credit risks ahead. Spreads are widening, signaling possible defaults.

Analysts say the 60/40 portfolio may be dead given rate hikes. Consider alternatives like cash for safety.

Earnings misses sink stocks like UPS, Southwest. But Royal Caribbean surges on demand for experiences.