Stocks Becoming More Volatile Due To Growing Liquidity Shortfall | Michael Lebowitz

Описание: WORRIED ABOUT THE MARKET? SCHEDULE YOUR FREE PORTFOLIO REVIEW with Thoughtful Money's endorsed financial advisors at https://www.thoughtfulmoney.com

Volatility returned to the stock market this week.

Partly due to growing concerns about the sustainability of the AI spending boom.

Partly due to further stresses building in the credit market.

And also due to a growing shortfall of liquidity.

Portfolio manager Michael Lebowitz and I discuss each of these in depth in this week's Market Recap.

For everything that mattered to markets this week, watch this video.

#artificialintelligence #federalreserve #liquidity

0:00 — Market turns risk-off; intraday U-turn discussed
3:41 — SPY chart: MACD & RSI negative divergence
5:05 — Key moving averages: 20, 50, 200-day explained
6:16 — Potential next support: 200-day MA (~8% lower)
7:11 — “Three horsemen” of speculation: gold, Bitcoin (IBIT), MGK (mega-cap)
9:06 — Market breadth problem: big-tech concentration
10:00 — Sector rotation snapshot: healthcare vs. tech
12:34 — Technical factor quadrant grid: breadth improving?
14:18 — Staples vs. Technology excess return relationship (R² ~70)
16:20 — Importance of rotations for risk management
22:11 — 2025 market: more volatility vs. trending since April
28:46 — Fear & Greed meter: extreme fear despite being near highs
30:04 — Valuations high; CAPE ~40; PEG discussion
33:03 — Is AI capex a headfake? Overinvestment risks
38:29 — Growing doubts: funding, circular financing, Oracle concerns
42:12 — Debt issuance by Google & Meta signals funding stress
44:33 — OpenAI as nexus of counterparty/capital risk
46:34 — Market sentiment shift could burst the bubble
51:06 — K-shaped economy: top companies supporting markets
1:11:05 — Credit & liquidity markets: post-2008 changes, Fed’s role
1:15:53 — Fed likely to add reserves (QE) as liquidity shortfall persists
_____________________________________________

Thoughtful Money LLC is a Registered Investment Advisor Promoter.

We produce educational content geared for the individual investor. It’s important to note that this content is NOT investment advice, individual or otherwise, nor should be construed as such.

We recommend that most investors, especially if inexperienced, should consider benefiting from the direction and guidance of a qualified financial advisor registered with the U.S. Securities and Exchange Commission (SEC) or state securities regulators who can develop & implement a personalized financial plan based on a customer’s unique goals, needs & risk tolerance.

IMPORTANT NOTE: There are risks associated with investing in securities.

Investing in stocks, bonds, exchange traded funds, mutual funds, money market funds, and other types of securities involve risk of loss. Loss of principal is possible. Some high risk investments may use leverage, which will accentuate gains & losses. Foreign investing involves special risks, including a greater volatility and political, economic and currency risks and differences in accounting methods.

A security’s or a firm’s past investment performance is not a guarantee or predictor of future investment performance.

Thoughtful Money and the Thoughtful Money logo are trademarks of Thoughtful Money LLC.

Copyright © 2025 Thoughtful Money LLC. All rights reserved.