Is the AI capex bubble’s increasing reliance on circular financing bullish or bearish? episode artwork

EPISODE · Aug 11, 2026 · 6 MIN

Is the AI capex bubble’s increasing reliance on circular financing bullish or bearish?

from The Macro Minute with Darius Dale · host 42 Macro

Darius explains why the AI CapEx boom’s growing reliance on circular financing is overwhelmingly bullish for now, as institutional capital provides additional runway for AI infrastructure spending and asset valuations. He also examines how rising capital demand is pushing R-star higher and why cyclical Fed tightening could ultimately reduce bond-market volatility, even if it creates some risk for equities.

Episode metadata supplied by the publisher feed · Published Aug 11, 2026

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The Macro Minute is a daily morning podcast of what 42 Macro Founder & CEO Darius Dale is seeing in the overnight markets and where he\'s focused before the US stock market open.

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Is the AI capex bubble’s increasing reliance on circular financing bullish or bearish?

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