The AI Trains Are Full and Still Running

Welcome back everyone. Market Update📈📉 Start with one number that has nothing to do with AI. The 30-year Treasury hit 5.31% this week. That’s the most expensive long-term money since 2007. I was in high school the last time capital cost this much. Canada’s long bond is at levels last seen in 2010, and it’s the same story in Germany, France, and Italy. Everywhere you look in the developed world,…