‘We didn’t see this coming’: Wall Street eats its forecasts as stocks sell off globally on fear of AI bubble ahead of SpaceX IPO

**Good morning. On Fortune’s radar today:**

Markets: Red alert over global selloff.
“We didn’t see this coming”: Economists are eating their job forecasts.
AI bubble fears are back on the table ahead of Friday’s SpaceX IPO.
Strip out AI and the growth story cracks.
“There be dragons”: BofA notes that inflation could surpass unemployment.
Meet the woman forced out of Goldman Sachs because she baked a lot of elaborate cakes.

This story was originally featured on Fortune.com