@jackwilliambell@rustedneuron.com
Post #3767482
2026-06-23 15:36 UTC
#bubblewatch update:
I haven't done a market-based bubblewatch in a while, but today we are seeing a sharp drop in tech stock valuations over hyperscaler fundamentals instead of entirely unrelated Iran war news.
> Wall St tumbles on tech selloff as concerns about hawkish Fed, #AI spending mount. https://www.reuters.com/business/nasdaq-futures-fall-2-tech-worries-fed-hike-bets-2026-06-23/
> "The AI trade became one of the most crowded trades in global markets. When everybody owns the same stocks, the exit door becomes very small very quickly."
Replies (1)
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@jackwilliambell@rustedneuron.com 2026-06-23 17:52
More: Could the #SpaceX IPO be the straw that broke the #AI #bubble's back? > Tech Stocks Are Abruptly Collapsing. https://futurism.com/space/tech-stocks-collapsing-spacex I was quite vocal in my expectations the bubble would pop six months ago, so I'm not going out on a limb this time. But it *is a bubble* and *bubbles eventually pop*. I just don't understand the psychology of the investor herd well enough to say what it takes to start a stampede.