Latest / Rigatoni Capital Podcast
Just Own the Nasdaq and Chill: Reading the AI Selloff
Always fun to see investors trying to piece together the same puzzle right now, why the AI infrastructure sell-off is starting?? But there are many reasons, not just one. One important factor is just good ‘ole liquidity, or the potential lack thereof. Joe Duarte of Joe’s Smart Money Passport flagged that the Chicago Fed’s financial conditions index rose last week, a sign the September rate hike is finally working its way into the system and tightening things up, and that scarcity of liquidity is exactly what has traders rethinking AI and semiconductor stocks. You can see it in Caterpillar…
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