Benny & The Squirrel review the ongoing implosion in bubble stocks related to AI/LLM, High Beta, Momentum, and Memes. We discuss the growing fear of AI/LLM capex spend as we see CRWV & ORCL credit default swaps spreads widen. In other news, Bitcoin pierced $100k to the downside only increasing worries about the ongoing deleveraging in markets.
Given the volatility we decided to do the show in our “Red Hats” today.
Enjoy!
Free Ride
Click this link (LINK) to see my text highlighting the unsustainable nature of what is going on currently from just a quick glance at aggregate financials of the major semi and hypercaler stocks.
How long will Jenson’s “Free Ride” last is the most important question these days.
It was a Bloody Red Day for LLM Bubble Stonks Today
