Is The Rally Over? Has The Pullback Now Started? | Lance Roberts

Lance Roberts argues the market's nine-week winning streak has ended, with the S&P 500 dropping 2.5% and the NASDAQ falling nearly 5% in a single session.

Roberts highlights private credit vulnerabilities and potential oil reserve drawdowns as macro risks that could pressure broader equity valuations.

The discussion covers upcoming IPO activity, including SpaceX, and how new market entrants might affect capital flows across competing asset classes.