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Based on hundreds of years of bubbles, this is what may finally halt AI, Magnificent Seven stock run
AppleApple(US:AAPL) Market Watch·2024-02-16 15:22

Investors waiting and watching to see if and when the “bubble” in artificial intelligence and Magnificent Seven stocks eventually pops would be wise to review some market history. That’s according to a team of Bank of America strategists led by Michael Hartnett, who tallied similarities and differences between long-ago bubbles and what investors might be seeing currently. Spoiler: higher real interest rates are likely to be the eventual undoing of this group of stocks, they say.After last year’s massive run ...