After showing remarkable resilience over the past few weeks, the markets finally wobbled from their overbought positions, and there’s likely to be more downside to come over the medium term.

The S&P 500 fell by more than 2.7% on Friday, which came as a big surprise to many. While the size of the decline was certainly unexpected, the change in trend was not.

The circular nature of much of the spending on the AI buildout is starting to draw wider scrutiny.

Crypto investors suffered liquidations worth billions of dollars.

The growing macro bust in housing has become serious enough even the Fed is letting the public know officials are talking about it.