"The AI investment ‘bubble’ (as measured as the stock price relative to the 'book value' of a company) is 17 times the size of the dot-com frenzy of 2000 — and four times the subprime mortgage bubble of 2007. The ratio of the US stock market’s value to GDP (aka the “Buffett Indicator") has moved up to a new record high at 217%, more than 2 standard deviations above the long-term trendline." [ the very definition of abnormal - MB ]
https://thenextrecession.wordpress.com/2025/10/14/the-ai-bubble-and-the-us-economy/
