The math doesn’t add up and the wheels are starting to come off the bus.

The conversation in a lot of wealth management offices has shifted dramatically in the last few month from “how do I get in on this AI thing?” to “how do I protect my assets when this AI stuff blows up.”

There’s little question now if this will all implode, just when and who’s going to lose their shirt and be left without chairs when the music stops.

What’s playing out now is the scene from The Big Short where the banks wouldn’t mark down the value of bonds until they secured a short position. Once the big money has their helmets on it will stop providing fuel for the bubble and then look out below!