\* SpaceX IPO is fucking regarded... The valuation is made to find bag holders to private equity can cash out Also because they are adding it to the NASDAQ, the crash will fuck your dads 401 in the ass.
\* OpenAI/Anthropic IPO's will also be regarded... many of the same reasons for that spaceX is a steaming pile of shit, just slightly less unhinged because their LLM's are good (unlike GROK)
\* Bond market is finally waking up to Iran situation.
Also all of the AI bubble relies on the narrative that AGI will happen soon... What if it never fucking happens. Yes LLM's might totally replace search engines because they can distill the entire Internet and quickly find answers (to things already known).
\*\*What if AI can never find answers to things UNKNOWN??\*\*
If AGI never happens, the explosive growth we are being promised will never happen... And it all pops.
The only thing keeping things high is the stupidity of the retail investor (that's us)
Given our stupidity knows no bounds, everything I just wrote... The opposite will happen.