Dear Reader, Keith Kaplan here. Microsoft just committed $80 billion for AI infrastructure... Meta's spending $65 billion... Google's all-in on data centers. It's the biggest buildout since the internet itself. And here's what most people don't understand: This is EXACTLY what happens right before every bull market ends. - 1999: Telecom spending exploded 8 months before the crash.
- 2007: Housing construction peaked 11 months before the collapse.
- 2021: Crypto infrastructure maxed out right before the bottom fell out.
The pattern repeats. I recently sat down with Wall Street legend Whitney Tilson, to take a deep look at the market data, and it shows we're entering that window now. But here's the thing: The final surge can create the biggest gains. You just need to know when to exit. Sincerely, 
Keith Kaplan
CEO, TradeSmith | 
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