Mega-Cap AI CapEx Forecasts

Darius breaks down whether AI disruption or bank deregulation is the bigger force shaping markets right now. While concerns around a potential AI capex bubble are rising, prospective bank deregulation under a revised Basel III framework could meaningfully accelerate credit creation and support GDP and earnings within the Paradigm C regime. He also explains why short-term correction risk has eased, even as medium-to-long-term crash risk remains elevated due to crowded bullish positioning.