Miner Company
No, It's Not Different This Time
The current AI-driven rally in infrastructure and chip stocks echoes late-stage dot-com and 2021 bubbles, with parabolic moves and signs of euphoria. QQQ and leading hyperscalers have surged despite only mild oversold conditions, ignoring macro and monetary policy risks.
The current AI-driven rally in infrastructure and chip stocks echoes late-stage dot-com and 2021 bubbles, with parabolic moves and signs of euphoria. QQQ and leading hyperscalers have surged despite only mild oversold conditions, ignoring macro and monetary policy risks.