⚠️HOLY MOLY:
US technology stocks now account for a record 56% of total US stock market cap.
At the same time, defensive stocks make up just 16%, AN ALL-TIME LOW.
This has NEVER happened.
The level of investor complacency is MIND-BLOWING.
Trump had these comments about the China-Vietnam meeting:
"I don't blame China. I don't blame Vietnam. I don't. I see they're meeting today. Is that wonderful? That's a lovely meeting... like trying to figure out, how do we screw the United States of America?"
#VietNam#China