A questionable Iranian “deal”, an emerging AI price war and corporate token spending restrictions, when combined with the news that chip producers in China are gaining market share were, in my view, ingredients for some profit-taking.
I was wrong in view.
In talking to some contacts, the short-selling community no longer exists.
We are in The Great Momentum Market (according to the CNBC panelists on Halftime).
Doug Kass is a world-renowned hedge fund manager with decades of experience and success navigating through some of the most turbulent periods in market history. He is known for his time-tested analytical skills and ability to look past the current noise and herd mentality.
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