🚨 Unprecedented: A Single Theme Dominates Both the U.S. Stock Market and the Credit Market


📊 Stocks
AI Accounts for 45% of the S&P 500 Market Cap
Surging +20 Percentage Points Since the Launch of ChatGPT
💳 Credit
AI Makes Up 15.4% of Investment-Grade Debt, Becoming the Largest Sector
Related Debt Reaches $1.4 Trillion (Nearly Doubling)
⚠️ Extremely High Concentration → Once Sentiment Reverses, the Entire Market Becomes Highly Fragile
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