POPA ReconEvery Bubble Peaked Near 40% - AI Is There Now
Every Bubble Peaked Near 40% - AI Is There Now Ten AI companies now make up about 41% of the entire US stock market, according to BofA. The group is the Magnificent Seven plus Broadcom, AMD and Micron. That matches the peaks of the Nifty Fifty (40%) and the dot-com bubble (41%), and it’s close to Japan in 1989 (44%). Only the railroads of the 1880s ever went higher, at 63%. BofA’s point isn’t just the size. The bank says these booms usually end when inflation drives bond yields up, and oil near $100 is feeding exactly that pressure. Meanwhile the rest of the market is already weakening: roug…
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