A top-rated fund manager says the Nasdaq is primed to drop 35% this year, as pressure from inflation and an IPO-led liquidity crunch team up to derail the bull rally. Semiconductor and growth stocks generally have seen big swings in the last two weeks, with the Nasdaq falling 4.8% on June 5 alone. Slavik Kolesnik, a bond investor who co-manages the Leader Capital High Quality Income Fund (LCATX), which is rated 5-stars by Morningstar, said dips like this are early signs of a larger decline to

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