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iPath Series B S&P 500 VIX Short-Term Futures ETN Newsroom
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Waiting for the "final puzzle" of the Federal Reserve's interest rate cut next week, the US stock market is in a sideways fluctuation | Highlights for tonight.
1. AI Concept stocks Oracle and C3.ai plummet in pre-market; 2. Stellantis and Contemporary Amperex Technology jointly build a Battery factory; 3. Suspect in the USA CEO shooting case captured; 4. AMD claims that Amazon Cloud Computing Service executive's evaluation of the company's GPU is inaccurate.
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Another U.S. stock market bear has "surrendered"! Rosenberg: Extreme stock market valuations may be reasonable.
① Renowned usa economist David Rosenberg has changed his long-standing bearish stance, stating that the ai-driven technology boom has led him to reassess the us stock market; ② Rosenberg indicated that if ai unleashes a wave of productivity, extreme valuations might make sense; ③ Rosenberg mentioned that despite the possibility of a bubble, it may not manifest in the coming years, and he remains open to the idea that the bull market could 'go further.'
Is this time really different? Another well-known "U.S. stock bear" has apologized.
Top Wall Street economist Rosenberg is no longer bearish on U.S. stocks, but he still expects a correction of 5-10%. Rosenberg stated that he previously underestimated ai, and the market currently has high expectations for AI; only when these high expectations are proven to be excessive will the stock market enter a bear market.