Market Starting To Crack Under High Bond Yields? | WMR 9 24 26
Summary
Michael Leowitz discusses how rising bond yields are masking broader market weakness, as interest-rate-sensitive sectors lag behind a tech-driven S&P 500. He highlights the economic lag of higher rates, noting that corporate debt refinancing and reduced AI capex could soon trigger a significant market correction. The conversation also covers the Fed’s conflicting signals, the K-shaped economy reliant on AI spending, and the risks of commoditizing AI models.
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