Day: October 27, 2026
Keith McCullough says that gap is exactly how bubbles break, with the most speculative names cracking first and the rest of the market catching up later:
“The AI bubble components have definitely not only started to pop, but drop and crash.”
The Nasdaq set its record on Oct 6 and has slid about 6% since, so the real test is whether the giants follow the small fry down.
@KeithMcCullough
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Mario Nawfal (@MarioNawfal)Keith McCullough: The AI bubble is already bursting, and the worst may still be ahead.
I spoke with Hedgeye founder Keith McCullough as markets took another beating, and even he was caught off guard.
He had invested in Brazil ahead of the election. Lula won, Brazilian stocks plunged, and Keith took a painful loss.
But his bigger concern is America.
He believes the AI bubble is already collapsing beneath the surface, with some of the most speculative stocks down roughly 75% from their peaks.
Meanwhile, oil remains above $100, inflation is accelerating, and another war with Iran could leave the Federal Reserve unable to rescue markets.
Keith thinks U.S economic growth could fall from nearly 4% to just 1% within nine months.
Ordinary families are already struggling with prices, job insecurity and the cost of war. Now the wealth created by the AI boom could start disappearing, too.
And Keith fears that if Washington responds by bailing out wealthy investors again, the public backlash could be enormous.
@KeithMcCullough
Video
— https://x.com/MarioNawfal/status/2114828162773209421
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Should the US end up sending troops to Iran, expect more footage like this.
A LOT more.
Writer: Daniel x.com/wartirnes/status/20436…
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Trita Parsi still sees nothing that talks him down from 80 to 90%, but a fast Gadi Eisenkot win in Israel could slow things, since Trump has deep rapport with Netanyahu and almost none with him:
“I think if Trump wants to go for a third round and he wants to go much, much larger than he did in the previous two, I do think that an Israeli component in that war is going to be important.”
A new prime minister facing an unpopular war may think twice before putting his name on it.
@tparsi
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Mario Nawfal (@MarioNawfal)🇮🇷 🇵🇰 🇺🇸 Pakistan came in to broker peace between Tehran and Washington… and Iran now sees it as Washington’s messenger.
Trita Parsi says Tehran has lost faith in Islamabad as a neutral go between, with Pakistan even closing border checkpoints, while Iran doesn’t see Qatar or Oman the same way:
“They’ve ended up becoming, sending messages from the US side to the Iranian side.
So essentially, they’re working for the Americans rather than being mediators.”
Losing a mediator this close to a possible third round leaves fewer doors open when the shooting starts.
@tparsi
Video
— https://x.com/MarioNawfal/status/2114952332853014963

