3 Numbers Stock Market Bulls Don't Want To Acknowledge

Bret JensenInvesting Group LeaderFollow5ShareSavePlay(8min)Comments(2)SummaryMarket risks are mounting as AI-driven capex surges, pressuring free cash flow at hyperscalers like META, AMZN, MSFT, and GOOG.Combined free cash flow for these four is projected to plunge 75-80% to $35–$50B in FY2026, sharply raising valuation multiples.U.S. federal debt refinancing of ~$10 trillion in 2026 at higher rates is escalating government interest costs and crowding out other needs.The Shiller PE ratio at 39.90 signals stretched equity valuations, reminiscent of the Internet Boom's peak, warranting portfolio caution.Looking for a helping hand in the market? Members of The Biotech Forum get exclusive ideas and guidance to navigate any climate. Learn More »wildpixel/iStock via Getty Images Market volatility has increased recently as fears of AI disruption have pummeled numerous sectors of the market including insurance brokers, wealth management firms and commercial real estate services. Bitcoin continues to trade below the $70,000 level after pushing pastThis article was written byBret Jensen56.82K FollowersFollowBret Jensen has over 13 years as a market analyst, helping investors find big winners in the biotech sector. Bret specializes in high beta sectors with potentially large investor returns.Bret leads the investing group The Biotech Forum, in which he and his team offer a model portfolio with their favorite 12-20 high upside biotech stocks, live chat to discuss trade ideas, and weekly research and option trades. The group also provides market commentary and a portfolio update every weekend. Learn More.Analyst’s Disclosure: I/we have a beneficial long position in the shares of AMZN either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.