The AI Bubble Is Cracking In Places Nobody's Watching
It is not coming apart in the headline equity indices, where everything looks tight, well-bid, and orderly. It is coming apart one level down - in credit, in positioning, and in the accounting...
It is not coming apart in the headline equity indices, where everything looks tight, well-bid, and orderly. It is coming apart one level down - in credit, in positioning, and in the accounting...
Whoa...
"...not a close call... It's pretty clear that pregnant women should get vaccinated,"
Death, taxes and pre-market "ceasefire/Hormuz transit deal is imminent" headlines...
"You don't need history books to evaluate socialism anymore. You don't even need a passport. You can go look at the results in the present day — or talk to the people in America who escaped them."
Nvidia’s $500 billion financing push is a fresh reminder that the AI buildout is increasingly a credit story, and wider spreads are becoming a less comfortable companion to equity gains.
A short take
The physical AI race is gathering steam.
For the average person who doesn’t have the backing of a corporation, how could we tap into the power of agentic systems without tapping out our wallets?
Russia has long been fearful over foreign entities making inroads into Russian society...
Oil edges higher while Trump returns to strategy of economic pressure & "low-keying" it...
The estimated annualized cost to service the US debt is increasing at a near-parabolic pace - roughly tripling over the past five years.
...Hormuz hope fades again as AI's circular financing fears reawakened...
Serbian president meanwhile looked stunned at the bloodlust coming from the press...
Local media has drawn comparisons to the Khashoggi case...
Britain has committed billions of pounds to expanding military drone technology and accelerating the introduction of autonomous systems.
An underage boy was also reportedly raped at a time when the Ceuta medical system is completely overwhelmed...
