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ChecksumSmile

Hayes's words hit home; AI draining liquidity, other sectors will really be left out in the cold.

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BlockBeatNews
Perpetual contract inventor Arthur Hayes: Only AI stocks are rising in the global capital markets, while other sectors are bleak.
Arthur Hayes stated during the "The Rollup" podcast on May 22nd that currently, the only thing rising in the global capital markets is AI stocks, while other sectors are basically completely stalled. He analyzed three underlying reasons: consumer unemployment leading to demand contraction, AI giants absorbing all available global credit, and governments prioritizing AI capital expenditure, which compresses financing space for other industries. Hayes straightforwardly said this is not a "rising tide lifts all boats" bull market; in crypto, only a few tokens are strong, making it a tough period for most people.
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