Wealthion · Wednesday, July 15, 2026
The expert states that the real inflationary pressure is on the supply side of the economy, not just demand. He believes the current Nvidia's strong performance is unsustainable and might be a sign of a bubble forming, particularly in the capital expenditure side of artificial intelligence.
“The The bubble is clearly in the capex side. Not necessarily the technology because at the end ofThe day, we're all going to benefit from the technology.”
“I think we're reaching some major inflection points with this AI trade. And I do notice that investors are beginning to, uh, look for some defensive areas of the market too. And, uh, even that chip trade is beginning to falter, it seems or get tired”