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South Korea's KOSPI index, which includes SK Hynix and Samsung, has risen 135% this year.
The implied volatility on 2-month options for the KOSPI index increased from 28% at the start of the year to 70% currently.
The anticipated correlation of stocks within the S&P 500 over the next month, as derived from option prices, is at an unprecedented low of 6%.
The NASDAQ is reportedly fast-tracking the initial public offering of SpaceX.
Dean Kurnat predicts SpaceX will be a $1.5 trillion company with an implied options volatility of 100 after its IPO.
Iran has demonstrated its capability to de facto close the Strait of Hormuz using its missile arsenal.
Countries dependent on the Strait of Hormuz will be forced to diversify their export routes and find alternatives now that Iran has demonstrated its ability to close the strait.
The United States recently threatened its ally Oman as a message to other Gulf countries to form a unified front against accommodating Iran's control over the Strait of Hormuz.
Earnings for a group of 45 capital expenditure-beneficiary companies in the S&P 500 are expected to increase by an average of 70% this year.
BNY Mellon raised its year-end price target for the S&P 500 to 8,000, citing earnings as the primary driver.
The operating profit of the S&P 500 is expected to reach a historic high of 16%.
Investment in data centers has been the primary driver of US GDP growth over the last two quarters.