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But we saved everything 🙂.
Robin Brooks questioned whether the recent AI sector sell-off is linked to rising long-term yields, noting that if the AI buildout were truly responsible for higher yields, those yields would be declining now given current concerns over tighter data center permitting and regulations.
Alan Reynolds reported these comments, highlighting Brooks's skepticism regarding the assumed connection between AI investment trends and movements in long-term yields.
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Alan Reynolds previously shared Robert Hall’s view that private sector interest rates did not decline systematically during the financial crisis, as detailed in an earlier article. He has also highlighted real disposable income per capita as a key indicator for U.S. affordability, according to his recent coverage. These reports provide context for Reynolds’s ongoing analysis of macroeconomic indicators.