Worth Every Dollar (Until It Isn't)

Authored by Bryan Lutz via DollarCollapse.com,

Jamie Dimon just gave the trillion-dollar AI capex boom his blessing.

Standing next to Anthropic CEO Dario Amodei in New York on Tuesday, theJPMorgan chief told Wall Street that the buildout is “worth the trillion-dollar investment”… a sentence that would have been a punchline two years ago.

Now it feels like even the mainstream media disagrees with the consensus.

BofA Global Research charted every market concentration peak of the last sixty years on a single line:

Four bubbles. Four peaks. All in roughly the same 40-44% concentration band.

And we just printed the fourth one.

The world’s largest bank cosigned the bet at the exact level the last three manias topped out.

Jamie Dimon blesses the trillion-dollar AI capex boom

JPMorgan Chase CEOJamie Dimonstood next to Anthropic CEO Dario Amodei in New York on Tuesday and told Wall Street the AI buildout is worth every dollar.

Source: ZeroHedge News