Shutdown Fades As Hidden Risks Take Center Stage

The government shutdown ended on Monday, but as every magician knows, the real drama unfolds where you’re not looking. After 0.8% of America’s GDP performed a vanishing act, markets rallied as reopening relief set in. Yet while anxiety soothed, this spectacle just masked persistent issues, with Wall Street already refocusing on AI bubble fears, stretched valuations, and economic jitters once again.

• On Tuesday, The Big Short’s Michael Burry wagered against PalantirPLTR
  and NvidiaNVDA
  — just as Goldman Sachs warned of a “likely” 10–20% market sell-off ahead.
• SoftBankSOBKY
  dropped its entireNVDA
  stake, sheltering in quieter private markets — while RBCRY
  flagged how earnings sentiment, the market’s fuel, actually peaked months ago.

Curtain call: While AI hype fueled most of the year’s market returns, that engine is sputtering. CoreWeaveCRWV

, a compute dealer to Big Tech, just cut its forecast as momentum slows, with CEO Michael Intrator admitting, “Everybody is frustrated — the data center, … [us, and] the client.” As delays mount and sentiment peaks, it’s starting to feel like one wrong move can send this Jenga tower tumbling.