Ed Yardeni sent an email to clients warning of "AI derangement syndrome" gripping the market. On Bloomberg Ann Marie was talking about Block being up by 20% because they are firing half of their workers due to AI. A pandemic darling that once was worth$280 or so, has now dropped to $40, and Is bullish because they are slaughtering their in puts allegedly because of AI. A green light for the next dash for trash? yep a speculators dream come true. jmho
