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How AI compares to 11 other capital-spending explosions: When they bust – and boom again

MarketWatch · May 27, 2026, 9:19 AM · Also reported by 1 other source

Strategists at Raymond James, led by Tavis McCourt, said the artificial intelligence capital-spending boom is on par with the biggest over the last 150 years.

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How AI compares to 11 other capital-spending explosions: When they bust – and boom again

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