Did The Bust Just Begin? | Jesse Felder

Jesse Felder argues the AI boom is metastasizing into a bust, citing data center project delays, cancellations, and a shift to on-device AI as evidence of weakening demand.

Felder sees stagflation risks rising and warns that a burst AI bubble, combined with macroeconomic headwinds, could drag the broader stock market lower.

Commodities and energy stocks offer a strong multi-year opportunity, with Felder specifically suggesting oil could reach $150 per barrel due to supply constraints.