The Bust Within the Boom

“That I essentially am not in madness, but mad in craft.”

Hamlet, 1603

THIS IS NOT INVESTMENT ADVICE. INVESTING IS RISKY AND OFTEN PAINFUL. DO YOUR OWN RESEARCH.

We are simultaneously in a boom and a bust and the authorities don’t see it.

The boom is the AI gold rush. The bust is any business vulnerable to AI, high interest rates, China, or, worst of all, the combination.  The numbers—unemployment, wages, growth, inflation—are averages. Averages of a gold rush and a bust.

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