Subject: o/t, Sloan, looney tunes market
" This 'Looney Tunes' Market Calls For Second-Order Thinking: Here Are My Thoughts

Jun 13, 2026 08:30 AM | State Street SPDR Dow Jones Indust Avg ETF Trust(DIA) | By: Jim Sloan

This market has many investors on edge, and for good reason.
Many of today's investors have never seen a bear market and simply assume that the current market is correctly priced, ignoring fundamentals.
A gambling mentality is at the core of the present market rally.
It's a momentum-driven market, and many believe it will go on forever; however, it is simply pulling future returns into the present.
No one totally grasps AI, and four of the largest growth companies are actually cash flow negative, with facts hidden in footnotes."


Hopefully someone can share it before I get home.