I know this isn’t sexy news given the state of things but it’s news that impacts all of our wallets. A 10-12% market reset as a result of multiple tremors impacting the AI industry will cause significant impact on consumer spending by the top 10% who are currently benefiting from a strong stock market propped up by AI investment.
While trickle down economics has never proven to work as having positive impact on the economy, trickle down economics has repeatedly worked when it comes to negative economic jolts. We’ve had one of the most clearly obvious transfers of wealth in the past century occur the past 18 months while accumulating massive amounts of debt as both consumers and as a country.
We are simply over indexed on how much we are investing and the volume and opportunity of customers is starting to get smaller and smaller.
Will it burst? I’m not 100% sure to be honest. Will there be a market reset in the next 12-18 months? It is starting to look inevitable.
