Did the market finally become a little risk adverse? I’m happy to see spacex down, and many other things still seem overpriced, but still… why now?
>>62409507there hasn't been a big selloff though?>many other things still seem overpricedwhat seems overpriced?
>>62409507because i longed
>>62409507pricing in rate hikes
are you on crack?spx is 3.5% off ATHyou need help lol
>>62409513I have a bridge to sell youhttps://polymarket.com/event/how-many-fed-rate-hikes-in-2026-20260623190717369
>>62409511The s&p being down 2.2% in the last few days is nothing to scoff at, imo. The chart looks bad. Amazon, for example is at a PE of like 27. Where do they expect that growth to come from? They earn/sell so much already.>>62409513You’re right I think this is part of it. I think some might be pricing in the pains of sustained oil prices because what the fuck is happening with Iran. It seems like the market really hasn’t priced in much risk with that at all. >>62409515I know, it just seems quick. I want it to be 20-30% off ath >>62409519Am I tripping or does the market you linked to have no liquidity
Iran peace talks falling apart after Trump opened his trap again, Warsh being hawkish, etc.
>>62409589The peace talks have come and gone many times at this point, but I guess maybe this time seemed more significant. I feel like spacex going up to 220 then down to 155 says a lot about the markets risk appetite
>>62409611This time was way more important because they had the summit all setup in Switzerland with different countries all there, JD flew out there, etc. It started to seem serious until someone like Ms Lindsey or whomever whispered into Trump's ear last second and now Trump is mouthing off tough guy nonsense "BAAAAHHHHH I'M GONNA BOMB YOU GUYS LIKE NEVER BEFORE IF YOU DON'T OPEN THE STRAIT!!!!"You can lookup his tweet and how pinpoint timed it was when JD was about to start talking to the Iranians. Quite uncanny. This all impacts the markets because it's fears of oil completely skyrocketing with burgerland reserves about to dry up in a few weeks unironically.
>>62409567>Amazon, for example is at a PE of like 27. Where do they expect that growth to come from?you think the AI boom won't help AWS? (amazon's main profit engine)
