AAA Credit Spreads vs S&P 500
Pretty self explanatory. Chart goes back to 1996. Red line is S&P500
In the background you have BofA AAA credit spreads oscillating back and forth between No Fear (Green) and Fear (Red). You can see the correlating moves in the S&P when credit spreads were at either extremes.
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Here is the credit spreads chart without the overlay:
And a close up:
We may see another oil spike next year. Energy and commodities are bullish.
Scam Altman, Jensen needs to let go of their euphoria, let this AI bubble deflate in orderly fashion. If they keep pumping with circular jerking, they will blow up the world economy.
Mag7 lost the AI battle to China.
Look at Kimi K2 model, Xpeng Iron humanoid. Both are so low key without any big news, they released these awesome stuff. There's 500+ AI and robotics company in China, they all helping opensource commodities to share their fruits, so everyone across the world freely experiment and learn these foundational technologies of future. The Americans supposedly did this in past, now the greed and uncultured executives of today screwed up. Why bother doing real engineering, when people believe their lies and financial engineering. Everyone jerks off in circle, make trillions out of thin air. Shameful