bitcoindata21

All of the FUD in the last few months was nonsense when you realise whats happening in AI:
1/ Hyperscalers revising capex upward
2/ GPU contract pricing in Contango
3/ Datacentre builders getting improving deals over time

S&P Global Manufacturing PMI for U.S 53.9 (above consensus of 53.8)
ISM Manufacturing PMI for U.S 55.6 (above consensus of 54)
Long live the business cycle, the business cycle is King.

It's exactly 2 years since the yen carry trade unwind "yenmageddon".
I've lost count of how many times I've seen it mentioned as a risk since then.
The doomer larps are back at it again, especially the yellow checkmark accounts. They must have run out of ideas.
If everyone is talking about it, then it's probably a very low risk, just like the debt situation. Ya think the market doesn't know or doesn't price it in?

Price really does drive sentiment.
A few months ago, people were saying memory stocks are no longer cyclical, and that they were in a "structural" bull market... what ever that means.
Now people are saying that the AI trade is dead, and stocks will struggle to get to 52 week highs. The AI trade didn't begin with memory, and it won't end with it either.
We've already seen the same emotional nonsense with bitcoin, crypto, gold, silver, oil.