The Iran shock didn’t break the market. It exposed how fragile it already was.
It looks like the bill for the overinflated US stock market just arrived in the mailbox (or email inbox if you prefer). Hopefully it doesn’t take down the other world indices, which for the most part were not as overpriced, along with it.
Good way of putting it Kevin... the bill arriving in the mailbox.
I’m definitely not a market expert, I just follow the broader economic signals and try to connect the dots for readers.
The thing that worries analysts isn’t just the drop itself, it’s how interconnected everything is now.
Hopefully it stays contained as a correction and doesn’t start dragging the rest of the global indexes with it.
It looks like the bill for the overinflated US stock market just arrived in the mailbox (or email inbox if you prefer). Hopefully it doesn’t take down the other world indices, which for the most part were not as overpriced, along with it.
Good way of putting it Kevin... the bill arriving in the mailbox.
I’m definitely not a market expert, I just follow the broader economic signals and try to connect the dots for readers.
The thing that worries analysts isn’t just the drop itself, it’s how interconnected everything is now.
Hopefully it stays contained as a correction and doesn’t start dragging the rest of the global indexes with it.