Higher interest rates are needed to pop the AI ‘baby bubble’ in stocks, BofA says

A “baby bubble” is forming in the U.S. stock market, fueled by “monopolistic tech” and investor enthusiasm around artificial intelligence, according to BofA Global Research.

Previous post What Biden’s decision to pause new U.S. LNG exports means for the energy market
Next post ‘We’re already in a trade war’: Trump adviser says new tariffs are fair play and could pay for tax cuts