AI狂热＋美联储放水！全球资产齐飙升，股债狂欢背后暗藏危机

Group 1 - The core viewpoint of the article highlights the exuberance in the financial markets driven by the Federal Reserve's interest rate cuts and the hype surrounding AI technologies [3][10] - Major indices such as the S&P 500, Nasdaq, and Russell 2000 have reached record highs, indicating a collective investor enthusiasm reminiscent of a speculative bubble [5][6] - The article compares the current market behavior to a "dance party," where investors are following trends without caution, leading to irrational borrowing costs for high-rated companies [6][7] Group 2 - Despite the market's euphoria, some institutions like Nordea and Wellington are adopting defensive strategies, indicating a recognition of underlying risks such as geopolitical tensions and inflation [12][15] - The article notes a significant increase in short positions in the Russell 2000, suggesting that some investors are preparing for potential downturns by investing in safe-haven assets like gold and cash [13][15] - The overall market atmosphere is described as a high-stakes gamble, with optimistic and cautious investors holding opposing views on the sustainability of the current bull market [16]