About this episode

The episode discusses the unraveling of the AI trade and its implications for the market.

The market’s most crowded trade is beginning to crack, but where the fallout spreads next remains unclear. This week, we dig into the violent momentum unwind and mounting pressure across the AI trade. We explore the damage of leveraged ETFs, Korea’s retail reckoning, a potential value revival, renewed Iran oil risks, and why Quinn is bullish real estate in the right places. Enjoy! TIMESTAMPS: 00:00 Intro 02:01 The Momentum Trade Unravels 06:22 Leveraged ETFs Are Breaking Markets 12:07 Has The AI Boom Hit Its Limits? 16:05 Cheap Models Threatening The AI Trade 19:52 Hyperscalers Facing A Credit Squeeze 23:27 The Fed’s Forward Guidance Failure 29:38 Global Carry Trade Risk? 35:29 Can Value Finally Win? 40:44 Iran Reignites Oil Risk 48:00 Housing Policy Vs Property Rights FOLLOW THE SHOW › Forward Guidance – https://x.com/ForwardGuidance › Felix – https://x.com/fejau_inc › Quinn – https://x.com/qthomp › Tyler – https://x.com/Tyler_Neville › Telegram – https://t.me/+CAoZQpC-i6BjYTEx › Blockworks – https://x.com/Blockworks RESOURCES › Weekly Roundup Charts – https://drive.google.com/file/d/17yRksHxeO19PfW6MOCrzT_OpEwicKuog/view?usp=drive_link EVENTS › Join us at Digital Asset Summit…

Topics covered

• AI trade
• market rotation
• leveraged ETFs
• real estate
• oil risks
• value revival

Keywords

• AI
• market rotation
• leveraged ETFs
• real estate
• oil risks
• value investing

Mentioned in this episode

Organizations: Blockworks

Places: Korea, Iran

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• Think Like Everyone Else, Lose Like Everyone Else | Brent Donnelly · July 8, 2026 · 46 min
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• Is The Fed Panic Already Fading? | Weekly Roundup · June 26, 2026 · 60 min
• A New Era Is Beginning In Markets | Weekly Roundup · June 19, 2026 · 1h 4m
• The Warsh Fed Will Look Nothing Like Before | Joseph Wang · June 17, 2026 · 40 min

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