Everyone is still arguing about whether AI can hold up its valuation
Two major Wall Street institutions directly said:
The real driver of the market is crude oil—crude oil sets the bond market, the bond market sets risk assets; as long as oil prices don’t rise to the limit, those valuation logics and AI stories in the US stock market are just downstream. The US stock market will even lead with BTC.
So don’t just focus on AI—look at oil first.
Two major Wall Street institutions directly said:
The real driver of the market is crude oil—crude oil sets the bond market, the bond market sets risk assets; as long as oil prices don’t rise to the limit, those valuation logics and AI stories in the US stock market are just downstream. The US stock market will even lead with BTC.
So don’t just focus on AI—look at oil first.