The AI bubble debate is shifting from expensive valuations to a more serious concern: financing risk. Can future AI profits justify the enormous spending, borrowing, and debt required to build the industry? Meta’s rising credit…

Markets are moving beyond the AI narrative and demanding real earnings to justify enormous investments. That shift, combined with deteriorating credit, weakening technology stocks and renewed oil-driven inflation fears, creates a potentially dangerous combination for…

Nasdaq’s resilience is becoming increasingly difficult to reconcile with deteriorating market conditions. A narrow group of mega-cap technology stocks continues to support the index, while credit concerns, rising borrowing costs and questions surrounding AI profitability…

The market’s rebound masks a troubling disconnect. Despite heavy technology selling, reduced hedge fund exposure, widening credit spreads, and mounting sovereign debt concerns, the Nasdaq 100 continues to hold within its trading range. But price…

The Brogan Group Equity Research sees three growing warnings for the AI trade: higher borrowing costs, mounting credit concerns and uncertain profitability. Higher yields: Rising borrowing costs threaten the economics of the massive AI buildout….

Needless to say, this BEAR Market is not over. Daily and Weekly Money Flow and Relative Performance continue to deteriorate, with no material evidence that market risk has subsided. Our Daily and Weekly Money Flow…

The critical question for Brogan Group Equity Research is whether the hundreds of billions pouring into AI infrastructure will ever generate enough cash flow and profits to justify the enormous cost. Spending is accelerating, corporate…

The warning signs are building, and our long-term negative Money Flow deserves attentionBrogan Group Equity Research is tracking the growing collision between massive AI spending, rising debt, borrowing costs and expensive energy. While the AI…

Bank of America’s Michael Hartnett argues that “bonds end bubbles,” as soaring Treasury yields threaten stock valuations, corporate profits and the AI investment boom. But the bigger issue may be inflation. Persistent inflation and rising…

In 1997, investors believed Asia’s economic miracle would last forever. Massive borrowing and investments that failed to deliver shattered that confidence, triggering a devastating financial crisis. Today, Albert Edwards sees a troubling parallel with the…