US Equity Market - Trouble Ahead?

The Hottest Stock Markets Lead to the Biggest Losses
https://www.nytimes.com/2026/07/03/business/stocks-investing-markets.html
Investor enthusiasm culminated in some of the worst cases of wealth destruction in the last 100 years, a long-running study shows.
 
Surging Wall Street profit forecasts fuel fears of ‘earnings bubble’
https://www.ft.com/content/1d3da122-c043-4e51-bb95-ac68d41ab838
 
Chip tremors threaten to set off the inevitable AI bust
https://www.telegraph.co.uk/business/2026/07/03/the-ai-bubble-is-bursting-but-behind-it-hides-an-even-great/
Semiconductor giants have made huge sums from artificial intelligence. But the clean-out may already be starting. 

Concerns Over Private Credit

What Private Credit Is, and Why Investors Are So Worried About It
https://www.nytimes.com/2026/07/02/business/private-credit-investor-worries.html
Some say the industry expanded too quickly and extended loans to companies that won’t be able to pay them back.