Wealthion, Released on 5/6/26

Jesse Felder, founder of The Felder Report, joins Maggie Lake to warn that investors may be dramatically underestimating the risks building beneath today’s market rally. Felder argues the world has entered a new structural inflationary era driven by deglobalization, soaring debt, commodity shortages, and geopolitical instability — with potentially massive implications for bonds, stocks, and the broader economy. Felder explains why he believes the bond market is the “most important chart in the world,” why rising commodity prices could send yields sharply higher, and why real assets like gold, energy, and commodities may continue outperforming traditional financial assets. He also lays out a detailed case for why today’s AI boom resembles the dot-com bubble, warning that hyperscalers may face collapsing free cash flow, rising costs, and unrealistic earnings expectations.

Jesse Felder began his professional career at Bear, Stearns & Co. and later co-founded a multi-billion-dollar hedge fund firm headquartered in Santa Monica, California. He’s the founder of Felder Investment Research, LLC, which publishes The Felder Report.

  AI, bond market, economy, inflation, investing, Jesse Felder