The MacroTourist

The MacroTourist

THE AI BUBBLE FOUND ITS EXCUSE

The ‘tourist gives an update on his downside bets

Kevin Muir's avatar
Kevin Muir
Nov 06, 2026
∙ Paid

THE AI BUBBLE FOUND ITS EXCUSE

And just like that, the market correction we all knew was coming, finally arrived. A month ago, the Nasdaq 100 peaked at 31,225. Today, it stands 15% lower at 26,630.

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