Mastodawn

Frankie ✅2d ago

The AI bubble looks fit to burst, Bank of America director says.

Bank of America strategist warns AI bubble mirrors dot-com peak — recommends bonds and defensive stocks as 'post-bubble roadmap'

https://moneywise.com/investing/stocks/bank-america-ai-bubble-post-bubble-roadmap-bonds-stocks

#news #tech #technology #AI #aibubble #grok #aislop #banking #finance

Bank of America strategist warns AI bubble mirrors dot-com peak — recommends bonds and defensive stocks as 'post-bubble roadmap'

Signs point to stocks being overvalued to a similar degree as the dot-com era. What’s your plan if the bubble bursts?

Moneywise

@Some_Emo_Chick I'm also wary of index funds with the recent rules changes that will allow/force some of them to purchase SpaceX shares on a *much* shorter time frame than usual and without the normal showing that a company is actually an appropriate investment (e.g. profitability).