The Biggest IPO Wave In History Is About To Hit Markets w/ Jim Bianco

Watch on YouTube ↗  |  June 14, 2026 at 13:00  |  11:01  |  Milk Road Daily
Speakers
Jim Bianco — President, Bianco Research

Summary

Jim Bianco discusses the upcoming AI IPO wave (SpaceX, Anthropic, OpenAI) and its impact on markets, including index inclusion rule changes. He remains bullish on the AI trade and US equities due to strong economic data, sees the 10-year Treasury yield rising toward 5%, and flags a tail risk of oil spiking to $200 from Strait of Hormuz disruptions.

  • Trillion-dollar AI IPOs (SpaceX, Anthropic, OpenAI) expected in 2026.
  • Nasdaq and S&P shortened inclusion timelines for mega IPOs.
  • Historical pattern of stock market peaks after record IPO waves.
  • Forced index buying of IPOs could put selling pressure on existing index members.
  • US economic data (ISM manufacturing, labor, retail) remains strong.
  • K-shaped economy driven by high-income wealth effect supports equities.
  • 10-year Treasury yield may move toward 5% by year-end.
  • Strait of Hormuz tail risk could send oil to $200.
Ideas
Jim Bianco President, Bianco Research 7:25
AI trade has room to go.
The AI trade still has room to run; it is high risk but also high reward, and he would continue playing it.
AIQ MED
Jim Bianco President, Bianco Research 10:03
Oil spike to $200 possible.
If the Strait of Hormuz situation gets completely out of control, oil could spike to $200 per barrel. He says it is not his base case but remains a possibility worth monitoring.
WTI LOW
Jim Bianco President, Bianco Research 10:16
Bullish on US stocks.
US economic data (manufacturing, labor, retail) is very good; the K-shaped economy keeps top-end spending strong, which will drive earnings outside of AI and keep the market doing well. He is risk-on and expects the market to perform better going forward.
SPY MED
Jim Bianco President, Bianco Research 10:25
Short US Treasuries.
Strong economy and risk-on environment mean higher interest rates; the 10-year Treasury yield, currently around 4.50%, can move towards 5% by the end of the year.
10-year US Treasury yield MED
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This Milk Road Daily video, published June 14, 2026, features Jim Bianco discussing AIQ, WTI, SPY, 10-year US Treasury yield. 4 trade ideas extracted by AI with direction and confidence scoring.

Speakers: Jim Bianco  · Tickers: AIQ, WTI, SPY, 10-year US Treasury yield