There are fresh signs that the AI boom is wobbling. Again. In recent weeks, a much-vaunted AI focused hedge fund run by Valley wunderkind Leopold Aschenbrenner lost $35 billion dollars. South Korea saw its largest-ever stock market collapse as investors pulled bets on AI chips. Due to a fresh series of moratoria and political opposition, the future of the massive data center buildout has never looked more uncertain. The US markets have dipped and boomed, dipped and boomed.
Sadly markets can remain irrational longer than you can remain solvent. Just look at Tesla
Exactly, which is why I don’t short.
A better example would be Russia. Their market should be an absolute free fall yet they’re still being propped up somehow.
Somehow Putin returned