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Mag 7 cutting buybacks and borrowing while private credit guys talk about heavy drawdowns and yields keep grinding higher is not “AI strength,” it’s stress showing through the paint. Money isn’t cheap anymore, lenders are pulling back, and somehow people …
Bulls deny that there’s a 1990s-style bubble in AI. There are a few striking similarities, and some notable differences. Is it karma? Coincidence? Either way, the ghost of the dot-com bubble is back 25 years later. Shares in Cisco Systems …
Job openings are falling. Unemployment is flat.We’ve seen this movie before. The 2020–2025 labor market setup is starting to rhyme with 2007, when JOLTS rolled over quietly, and the unemployment rate held steady… until it didn’t. Not a perfect correlation …
Several Florida cities and counties are preparing to lockdown or establish curfews amid predictions Hurricane Milton’s impact could be worse than the devastating effects of Hurricane Katrina, with Milton hurtling through the Gulf of Mexico towards Florida’s west coast. Many …
BREAKING: Stanley Druckenmiller sold 30% of his Nvidia stake. Says he could see A.I. stocks dropping 80% like 2000. https://t.co/NVNP8E6PJS pic.twitter.com/bvPEOC01Fu — Financelot (@FinanceLancelot) May 8, 2024 BARRON’S Nvidia Stock Slips. Why AI Chip Plays Are Having a Tougher Time.
The specter of the 2008 housing crisis is haunting 2024, echoing familiar themes of manipulated interest rates and speculative asset mania. The belief that “prices only go up” has fueled a dangerous déjà vu, reminiscent of the days preceding the …