AI capital expenditures has now hit an astounding 8% of GDP!
This surpasses every single bubble in history.
With most of this buildout funded through private credit & demand driven by circular financing, it's unclear what the consequences will be when the bubble finally pops. pic.twitter.com/M8DkJvCNjK
— Financelot (@FinanceLancelot) June 30, 2026
BOFA: HEDGE THE RALLY
Bank of America is urging investors to hedge further S&P 500 gains, warning the recent rally is losing momentum and could give way to a “three-wave correction” through September.
Technical strategist Paul Ciana sees the index falling as low as 6,850—about…
— *Walter Bloomberg (@DeItaone) June 29, 2026
Extreme capex levels funded by easy credit often end badly when the music stops.
Bank warnings like BofA’s are classic contrarian signals but still highlight real technical risks.
Watch private credit and actual AI revenue closely, that is where the pop risk sits.