From my office, the Singapore market is consumed by the AI boom’s clamor.
Capital is cascading into AI-related funds globally, pushing valuations into the realm beyond reason.
Everyone whispers, “This time is different. Innovation justifies everything.”
Yet, I see the ghost of 2008.
The phrase “This time is different” is the historical curse whispered just before every bubble bursts.
Back then, Yale’s Nobel laureate economist, Professor Robert Shiller, sounded the alarm on the market’s widespread “Irrational Exuberance.”
His warning proved true. And now, we are engulfed in a new frenzy: the AI market.
As a professional trader, I must issue a stark warning: The day this stampede of greed assaults the market is coming.
And when that tsunami hits, only those capable of hitting the brakes on the euphoria will survive.
Lessons and Warnings for Today: What We Must Do Now
