#经济危机 #AI泡沫 #美国加息

Financial crisis? Rate hikes? None of that is coming. The current motive of the United States is not to trigger a global crisis, but to do everything possible to avoid the bursting of the AI bubble. The biggest characteristic of the current market is frequent fluctuations. Whether it rises or falls, you can find a multitude of reasons, various analyses, and everyone arguing with each other all sound reasonable, but none of it matters at all.

The real point lies in divergence, and divergence comes from uncertainty. I think that for the bubble not to burst, there must be frequent fluctuations, preventing everyone from forming a one-sided consensus. If everyone is bullish, buying power will be exhausted and the bubble may burst; if everyone is bearish, liquidity will dry up and it will still burst. So the market cannot be allowed to reach a consensus. Conversely, divergence means liquidity. So when Trump says something contradictory, or Walsh says something intriguing, uncertainty will tear the market apart. That way, the bubble won't burst!