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Last week markets reacted as though a lasting resolution had been reached. 

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1995 Or 2000?

Extreme SOX. Exploding tech vol. Korean casino. The rally remains powerful. The warning signs keep multiplying.

Stocks mixed and crude hit on further US/Iran progress - Newsquawk US Market Wrap

REAR VIEW: Qatar, Iran, Pakistan, & US speak of good progress in talks in Switzerland despite weekend tensions; US Treasury issues Iran general license to sell oil; Iranian reports reject Vance claim that Iran will allow return of IAEA inspectors to Iran; Iraq asked operators of five major oil fields to boost output to pre-war levels; Qatar said Ras Laffan incident hasn't impacted exports; UK PM Starmer resigns; ECB's Lagarde more dovish than usual.

The Great AI Divergence

Semis are trading at dot-com bubble extremes. That's either a warning... …or exactly what the early stages of a much bigger bubble should look like. 1995 or 2000?

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