Hormuz Closure Could Pop the AI Bubble
The FT is now saying the closure of the Strait of Hormuz alone, setting aside the energy shocks entirely, could be enough to pop the AI bubble and take the stock market down with it.
AI valuations were already built on vibes and cheap capital. A geopolitical shock that rattles investor confidence doesn't need to spike oil prices to do the damage. The narrative breaks, and the whole thing comes down.
Source
x.com