In today’s briefing:
- Why This AI Bull Is Nothing Like the NASDAQ in 2000
Why This AI Bull Is Nothing Like the NASDAQ in 2000
- We believe the current AI-driven rally has a long way to run. Market mania tops are characterized by excessive froth, which is not in evidence today.
- In the short run, price momentum in technology stocks is faltering, and these stocks can pull back at any time.
- We would regard any pullback in these stocks as a buying opportunity.
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