$SPCX closed at $131.11, nearly $4 below its IPO price and 42% below its high. $NFLX is already down 7% after hours. Rising interest rates, war, inflation, and excessive valuations may finally trump momentum. Bitcoin was the first bubble to pop. Many more will meet the same fate.

@peterschiff·Jul 16, 2026·2 sources·negative

AI Summary

The article warns that rising interest rates, war, inflation, and excessive valuations may pop more bubbles, noting Bitcoin's decline and recent drops in $SPCX and $NFLX.

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$SPCX closed at $131.11, nearly $4 below its IPO price and 42% below its high. $NFLX is already down 7% after hours. Rising interest rates, war, inflation, and excessive valuations may finally trump momentum. Bitcoin was the first bubble to pop. Many more will meet the same fate.

$SPCX closed at $131.11, nearly $4 below its IPO price and 42% below its high. $NFLX is already down 7% after hours. Rising interest rates, war, inflation, and excessive valuations may finally trump momentum. Bitcoin was the first bubble to pop. Many more will meet the same fate.