Déjà vu from 1999.
By Maxime Laurent · 2025-10-07 19:22
Déjà vu from 1999.
Paul Tudor Jones warns the U.S. market is running on dreams, not data.
The legend himself, Paul Tudor Jones, just dropped a reality check — and ouch, it hits hard. He says the current U.S. stock rally feels exactly like the dot-com bubble of 1999: all hype, little substance. 📈💭
He points to a bizarre cocktail — a 6% federal deficit and an easy Fed policy — something that’s never happened together before. The result? Asset prices floating in a cloud of speculation.
His example around the AI boom says it all:
OpenAI signs a $300B deal with Oracle → Oracle pumps 40%, buys chips from Nvidia → Nvidia invests $30B back into OpenAI → OpenAI partners with AMD → AMD jumps 35%.
And guess what? Not a single data center built yet. Just paper gains and inflated dreams.
It’s that same heady vibe as the late 90s — everyone’s rich on expectations. But when gravity returns… ça va piquer. 💥
#StockMarket #AIbubble #PaulTudorJones #WallStreet #Nvidia #OpenAI #AMD #Oracle
Paul Tudor Jones warns the U.S. market is running on dreams, not data.
The legend himself, Paul Tudor Jones, just dropped a reality check — and ouch, it hits hard. He says the current U.S. stock rally feels exactly like the dot-com bubble of 1999: all hype, little substance. 📈💭
He points to a bizarre cocktail — a 6% federal deficit and an easy Fed policy — something that’s never happened together before. The result? Asset prices floating in a cloud of speculation.
His example around the AI boom says it all:
OpenAI signs a $300B deal with Oracle → Oracle pumps 40%, buys chips from Nvidia → Nvidia invests $30B back into OpenAI → OpenAI partners with AMD → AMD jumps 35%.
And guess what? Not a single data center built yet. Just paper gains and inflated dreams.
It’s that same heady vibe as the late 90s — everyone’s rich on expectations. But when gravity returns… ça va piquer. 💥
#StockMarket #AIbubble #PaulTudorJones #WallStreet #Nvidia #OpenAI #AMD #Oracle
Disclaimer: This content is for informational purposes only and not financial advice.