Kobeissi Letter Says S&P 500 Could Reach 9,000 Without Iran War

The Kobeissi Letter argues that the S&P 500 could exceed 9,000 absent the Iran war, citing weak market breadth and potential for a rally if macroeconomic headwinds ease. The publication also says 84% of S&P 500 constituents are at least 10% below their highs.