SO THERE IS SOMETHING THAT CAN BREAK THE AI STOCK MARKET BOOM.

SEMIS ARE DOWN A WHOPPING 10%+ TODAY, AS A BIGGER-THAN-EXPECTED JOBS NUMBER FUELED BETS ON A FEDERAL RESERVE RATE HIKE, WITH INFLATION NEAR 4%. THE FED MUST MAKE AN IMPOSSIBLE CHOICE. INCREASE RATES AND RISK A FURTHER DECLINE IN CONSUMER SENTIMENT WHILE LOCKING IN HIGHER SHORT-TERM RATES FOR THE HUGE PILE OF DEBT THAT HAS TO BE REFINANCED. OR NOT HIKE AND ADMIT THE FED’S POLICIES ARE NOT JUST ABOUT PRICE STABILITY AND MAXIMUM EMPLOYM

Jobs data and rate hike fears triggered a 10% semis drop, threatening the AI boom.