Hello fellow Rebel Capitals. Hope you're well. So a huge report was leaked today, an internal report,

I think it was, from Oracle. And we have to ask the question, does this signal the beginning of the end?

Did this just pop the AI bubble?

I don't think anyone would argue that we're in a bubble.

Even the people, the talking heads on CNBC say that we're in a bubble.

The only question is, what year is it?

Is it 1998?

Is it 1999 where the stock market, the S&P 500, in 1999 went up by 50%, or is it 2000,

when we hit that top and just crashed down, let's say, 50, 60%.

So this, and it's a big question, because if you look at a chart of the S&P 500,

in fact, I can pull that up right here.

I was just using this for a whiteboard video today. That's a just for inflation. We want to look at

this. So if it is 1998, then you got a lot of upside here. But if it's 19 or if it's 2000,

then not only do you have massive downside, but you have to realize

that the market didn't recover for 13 years.

That's the United States.

Remember, buy the dip, dollar cost average, you know, all these things, buy and hold.

Okay.

And most people just look at the S&P 500 as though it's a retirement plan.

They look at the S&P 500 as though it's like their social security check, that it just goes up 12% every single year. No, it doesn't. And so if we're right here, let's say, and people are doing the whole buy and hold thing, then they need to adjust their spending expectations for the next 15 years.

Possibly. Possibly. Again, no certainties. Only probabilities. Excuse me.

So what happened today? What happened that really shocked the market with Oracle?

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