Buy SPY by Jul 1, 2026.

We’re at a stage where the U.S. stock market almost feels untouchable. We have ongoing geopolitical tensions US/Israel-Iran war with no clear resolution, disruptions in oil supply, weak monthly job reports, likely higher inflation ahead, and some concerns around the private credit market. Given all that, you would expect stocks to be lower but they’re not. One thought I had is whether this can be explained by the increase in money supply over the past 5 years. If there’s significantly …