Looking at today's tape, the real risk nobody's talking about isn't the Iran deal or Fed hawkishness — it's that insider selling in high-duration tech names ($CRWD, $APP, $DDOG, $ANET) is accelerating at the exact moment Warsh's (https://www.cnbc.com/2026/06/18/markets-are-set-for-a-much-more-hawkish-warsh-fed-than-expected.html) just compressed discount rates on 2027+ cash flows.

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