Trump just announced new US strikes on Iran and warned that Iran "won't exist" if things ever get to the point where "we can't be reasonable anymore." Yikes.
US tech funds are all over the place right now:
Tech funds saw -$15 billion in outflows this week, the biggest drop in 2.5 years. That's double the previous record.
Just the week before, there was +$19 billion in inflows—also the biggest in 2.5 years.
US equity funds h
Just in: Iran's IRGC says they've struck multiple US Army positions in the Middle East after US attacks on Iran. They're warning that any more US strikes will get a "bigger reaction."
Jeremy Grantham says this is the most overpriced market in US history.
The guy who called the 2000 and 2021 bubbles was on CNBC and asked how much stocks will crash.
His guess? A 70% drop, not 50%. Since 2010, market PEs have been 60% above the 100-year norm.
Timing? Wh