Investor Jason Reveals "Idle Funds" Allocation: A Further 10% Drop in Tech Stock Valuations Would Be the Best Buying Opportunity

Odaily reports that renowned investor Jason Calacanis stated on X that a market bottom may have already formed, but tech stock valuations could still fall a further 10%, at which point it would be his ideal buying opportunity. He also revealed that all of his currently available "idle funds" are being used to add to positions in Tesla (TSLA), SpaceX (SPCX), Uber (UBER), Amazon (AMZN), Shopify (SHOP), Microsoft (MSFT), Google (GOOG), Apple (AAPL), and other stocks.

Jason also made a series of predictions about future market trends: Democrats will push for the United States to withdraw from Iran-related actions, and Trump will use this to declare the mission accomplished; inflation will then subside; Democrats will shift to supporting data centers and AI development in exchange for adjustments to tax cuts for the wealthy and regulation of frontier AI models; Trump will push through related political agreements and further consolidate his political legacy through the completion of the White House ballroom and pardons. He expects that as the above events unfold, the market will ultimately reach new all-time highs.