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Retail investors now own nearly half of the U.S. equity market—and Cem Karsan says that’s a massive signal. In this clip, Cem breaks down why we’re in a historic valuation regime, why interest rates still matter more than anything, and how this environment echoes the tops of 1999 and 2007. 💥 Valuations near record highs 📉 Interest rates still rising and sticky ⚠️ Could this be a blow-off top? If you're wondering whether this market has legs or is quietly topping, this is your warning shot. #CemKarsan #WeekendRip #StockMarket #RetailInvestors #Valuations #InterestRates #Equities #SP500 #MarketTop #FinanceYouTube #MacroTrading #RetailFlow #LongTermRates Disclaimer: All opinions expressed on this show are solely the opinions of the hosts’ and guests’ and do not reflect the opinions of Stocktwits, Inc. or its affiliates. The hosts are not SEC or FINRA registered advisors or professionals. The content of this show is for educational and entertainment purposes only. Please consult with your financial advisor before making any investment decision. Read the full terms & conditions here: https://stocktwits.com/about/legal/te...