“The next test is no longer whether AI demand exists, but whether pricing, margins and cash flow can justify the capex bill. If they can, the rebound should broaden. Otherwise, volatility remains the regime.”
ZeroHedge Reads
Alt-Market
AntiWar.com
Bitcoin Magazine
Bombthrower
“The sharp selloff in Korean equities from the June peak is raising questions with some investors regarding the sustainability of…
The dominant framing of AI as a productivity story (supporting the rates outlook at points this year) is likely right on the…
...markets reconcile ambition with economic scarcity...
Correlations to Brent are back at the highs... making for a very hard trading environment where conviction is hard to find...
How high can we push valuations before something snaps violently?
Consensus themes crushed, China controls over AI, and Crack spreads vs Crude...
