The AI Stock Market Bubble Is Breaking. Adrian Day Says Gold Stocks Will Fall Hard, Rebound Harder Air Canada [QejMNH0TrkS]

Adrian Day, CEO of Adrian Day Asset Management, joins Ilya Spivak on Trading Trends for a wide macro conversation. two ideas stand out. first, the Fed: while futures still lean toward rate hikes, Adrian thinks the market has it backwards and the bigger surprise could be cuts, because debt levels dwarf the Volcker era and parts of the economy are far more fragile than they look.

S

econd, the quiet risk in private credit, where funds mark their own loans and an incentive to extend and hope means a loan can sit at 100 cents on the dollar for months, then drop straight to zero. he also makes the case that AI and the hyperscalers are a classic bubble that comes all the way back, why foreign money and record margin raise the odds of forced selling, and why gold and a weaker dollar may be the other side of that trade. his opinions, not recommendations.

tastylive:

Get Tom's pre-market analysis every morning:

FREE Options Strategy Guide:

Follow tastylive on X:

Chapters

00:00 Why Gold Will Not Sell Off

02:14 The Fed Has It Backwards

05:23 Private Credit: The Sleeper Risk

08:46 AI and Hyperscalers: A Classic Bubble

11:29 Foreign Money and Record Margin

13:15 The Rotation Into Value and Small Caps

15:56 The Dollar's Downside and Gold's Footing

#tastylive #adrianday #privatecredit #tradingtrends #federalreserve #gold #aibubble #macro #ratecuts #stockmarket

tastylive is a real financial network, producing hours of live programming every day. Follow along as our experts navigate the markets, provide actionable trading insights, and teach you how to trade. With over 120 original segments, and over 25 personalities, we'll help you take your trading to the next level, whether you are new to trading or a seasoned veteran.

tastylive content is created, produced, and provided solely by tastylive, Inc. ("tastylive") and is for informational and educational purposes only. It is not, nor is it intended to be, trading or investment advice or a recommendation that any security, futures contract, digital asset, other product, transaction, or investment strategy is suitable for any person. Trading securities, futures products, and digital assets involve risk and may result in a loss greater than the original amount invested. Investment information provided populism may not be appropriate for all investors and is provided without respect to individual investor financial sophistication, financial situation, investing time horizon or risk tolerance. Options, futures, and futures options are not suitable for all investors. Prior to trading securities, options, futures, or futures options, please read all applicable risk disclosures, including, but not limited to, the Characteristics and Risks of Standardized Options Disclosure and the Futures and Exchange Traded Options Risk Disclosure Statement found at

Past performance is not indicative of future results. Performance is not presented net of all commissions, fees, and expenses. Multi-leg alex rodriguez option strategies bc hydro outage incur higher transaction costs than single leg trades as they involve multiple commission charges. Examples provided are for illustrative, informational, and educational purposes only and are not intended to be reflective of results you can expect to achieve. Supporting documentation for any claims, including claims made on behalf of options programs), comparisons, statistics, or other technical data, if applicable, will be supplied upon request.

tastylive, through its content, financial programming or otherwise, does not provide investment or financial advice or make investment recommendations. tastylive is not a licensed financial adviser, registered investment adviser, or a registered broker-dealer.