The Declines Could be Sharp and Painful – Tom Essaye Quoted in Bloomberg
The declines could be sharp and painful warns Tom Essaye
US Stocks Bounce as Waning Trade Fears, AI Deal Fuel Dip Buying
“As long as the AI capex enthusiasm lasts, stocks can hold on,” said Tom Essaye of the Sevens Report. However, “if doubts emerge about the stimulative power of AI for the entire economy and market, then investors will have to face this less-than-ideal reality and the declines could be sharp and painful.”
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