Aug. 14 at 3:56 PM
$NVDA $SPX $SPY $QQQ
Tech CEOs, Trump admin know trillions wasted on AI Capex bc the infra was not in place. US put cart in front of the horse
Then instead of admitting the disasterous mistake, they came up with circular financing deals to pretend AI capex would ever show ROI.
China began with MASSIVE infra spend first. Now their AI models are 100x cheaper and 65% of American corporations using them.
Retail took out
$1.5 TRN of margin debt on the wrong horse in the AI race:
$SPY $QQQ $SOXX & hyperscalers.
Please share this data. Get out. This will crumble before the midterms.
GLTA
https://tinyurl.com/4mtbzjpt