The Market Ear kicks us off by describing the dimensions of the new AI bubble.
NASDAQ de-coupling?
NASDAQ vs the US 10 year real yield (inverted) gap is getting very wide here. Watch this closely as momentum chasing PMs tend to get carried away…
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About the author
David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific’s leading geo-politics and economics portal.
He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.
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