Yes. Stocks Can Definitely Drop More

DeepSeek's Untimely Arrival Gives Real Reasons to be Concerned About Us Tech

“You don’t need DeepSeek to tell you what happened in 1929 and 1999, two of the other times the valuation measure [see chart] was as elevated as it is now.”

With liquidity contracting, valuations at extremes, and market positions unbalanced, the potential for a significant shift in equities is growing. DeepSeek’s R1 may not yet be the catalyst for broader market re-evaluation, but it has introduced a new variable into an already uncertain landscape.

Bonus: Includes ING recapping DeepSeek, and Commodity selloff comments yesterday