The Zhitong Finance App learned that global bond yields have soared to a 20-year high and are becoming the biggest threat to the AI capital expenditure boom, and the upcoming US midterm elections may become a key variable triggering market fluctuations. Michael Hartnett, chief investment strategist at Bank of America Securities, issued a stern warning in the latest “Flow Show” weekly report: if the Democratic Party sweeps the Senate and House of Representatives in the midterm elections, US stocks may fall by more than 10%, weaken the US dollar, and decline in bond yields, and the AI bubble will also face the risk of bursting.
Zhitongcaijing · 2d ago
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The Zhitong Finance App learned that global bond yields have soared to a 20-year high and are becoming the biggest threat to the AI capital expenditure boom, and the upcoming US midterm elections may become a key variable triggering market fluctuations. Michael Hartnett, chief investment strategist at Bank of America Securities, issued a stern warning in the latest “Flow Show” weekly report: if the Democratic Party sweeps the Senate and House of Representatives in the midterm elections, US stocks may fall by more than 10%, weaken the US dollar, and decline in bond yields, and the AI bubble will also face the risk of bursting.
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