--- title: "Are Markets F***ed? Collum And Pomboy To Address Everything Bubble" type: "News" locale: "en" url: "https://longbridge.com/en/news/286444546.md" description: "The upcoming ZeroHedge debate, hosted by Dave Collum, will feature Stephanie Pomboy and Michael Lebowitz discussing the current market conditions, particularly the overvaluation in sectors like AI and private credit. With the S&P reaching new highs and concerns about liquidity and credit conditions, they will explore the implications of the Federal Reserve's future under Kevin Warsh. The debate aims to help investors prepare for potential market corrections and will be streamed live at 7pm ET." datetime: "2026-05-14T16:22:20.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/286444546.md) - [en](https://longbridge.com/en/news/286444546.md) - [zh-HK](https://longbridge.com/zh-HK/news/286444546.md) --- # Are Markets F***ed? Collum And Pomboy To Address Everything Bubble As the S&P continues to reach new highs in the mid 7000s, leaving the COVID era 3000s as a forgotten fevered dream… and AI euphoria fueling increasingly speculative bets across Wall Street and Main Street, the sane among us need to ask the question: **_when will reality hit?_** In tonight’s ZeroHedge debate, hosted by the legendary **Dave Collum**, Macro Mavens founder **Stephanie Pomboy and Michael Lebowitz** will break down the most dangerously overvalued sectors of today’s market. From AI to private credit… and debate how, when, and where the unwind may begin. > Nasdaq is up almost 30% since the end of March. Howbowdah? > > — Dave Collum (@DavidBCollum) May 13, 2026 The discussion will examine whether the AI boom has become detached from economic reality, whether Nvidia’s 43 PE ratio makes any sense, and **whether private credit gating is the canary in the coal mine**. With liquidity tightening beneath the surface and credit conditions deteriorating, Collum and the gang will discuss ways to preserve wealth before the cycle turns. The conversation will also focus heavily on the Federal Reserve’s next chapter under incoming Fed Chair Kevin Warsh, whose prior statements indicate a hawkish stance… but that’s been true of past chairs before they held the helm. Is Warsh a genuine monetary hawk willing to tolerate market pain to restore credibility to the dollar and contain inflation? **Or will he ultimately cave under political and financial pressure like Jerome Powell during COVID?** > However, let's not forget that Warsh voted for QE and bailouts and parroted Bernanke's nonsense during the GFC. > > — Michael Lebowitz, CFA (@michaellebowitz) April 21, 2026 For investors trying to position themselves ahead of what could be the next major repricing event, or for those who just want to hear about how horrible the economy _really_ is… join Collum, Pomboy, and Lebowitz this evening. **The debate will stream live on the ZH X account and homepage at 7pm ET. See you there**. ### Related Stocks - [.SPX.US](https://longbridge.com/en/quote/.SPX.US.md) - [VOE.US](https://longbridge.com/en/quote/VOE.US.md) - [SPY.US](https://longbridge.com/en/quote/SPY.US.md) - [HIBL.US](https://longbridge.com/en/quote/HIBL.US.md) - [SH.US](https://longbridge.com/en/quote/SH.US.md) - [SCHG.US](https://longbridge.com/en/quote/SCHG.US.md) - [QQQ.US](https://longbridge.com/en/quote/QQQ.US.md) - [VTV.US](https://longbridge.com/en/quote/VTV.US.md) - [VOO.US](https://longbridge.com/en/quote/VOO.US.md) - [VUG.US](https://longbridge.com/en/quote/VUG.US.md) - [IVV.US](https://longbridge.com/en/quote/IVV.US.md) - [MGK.US](https://longbridge.com/en/quote/MGK.US.md) - [IVOV.US](https://longbridge.com/en/quote/IVOV.US.md) - [IWF.US](https://longbridge.com/en/quote/IWF.US.md) - [IUSG.US](https://longbridge.com/en/quote/IUSG.US.md) - [.IXIC.US](https://longbridge.com/en/quote/.IXIC.US.md) - [NVDA.US](https://longbridge.com/en/quote/NVDA.US.md) - [NVD.DE](https://longbridge.com/en/quote/NVD.DE.md) ## Related News & Research - [Stop chasing the S&P 500. This Vanguard ETF has beaten it over the last decade.](https://longbridge.com/en/news/286876451.md) - [LIVE MARKETS-In Europe, 'the pessimists are back'](https://longbridge.com/en/news/286894777.md) - [Stop Chasing the S&P 500. This Vanguard ETF Has Beaten It Over the Last Decade.](https://longbridge.com/en/news/286870960.md) - [Rare S&P 500 Signals: What History Says About This Rally](https://longbridge.com/en/news/286600805.md) - [LIVE MARKETS-The $410 billion trade: How the AI IPO boom could reshuffle indexes](https://longbridge.com/en/news/286573336.md)