●       Although the war of attrition of Iran may be over, the SOH double blockade is not, and lingering elevated energy (oil & gas) may drag Wall Street & Main Street down. ●       Apart from Iran war ceasefire optimism, earnings & AI/big tech optimism are also helping Wall Street. ●       At around $1642 EPS for CY25 (GAAP) and 50000 levels, the current PE is 30 for DJ-30 , at the historical bubble zone. Wall Street futures surged over 10% in April on hopes & hype of an imminent peace deal between Iran and the US. The US-Iran peace talks remain stalled in a tense "no war, no peace" standoff, now roughly 60+ days into the conflict. The core dispute is Iran's nuclear program: the US (under President Trump) demands a comprehensive deal that permanently prevents Iran from developing nuclear weapons, while Iran wants to de-escalate other issues first and postpone nuclear discussions. K...