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A renowned market bear who called the dot-com bubble warns the AI and economic recovery narratives fueling stocks are weak as analyst optimism sours -- and says the Fed is fueling a bubble as valuations get 'frothy'
- Source :
- The Business Insider (Blogs on Demand). April 6, 2024
- Publication Year :
- 2024
-
Abstract
- Societe Generale's Albert Edwards is skeptical about AI's impact on earnings, despite the hype. He also doubts the notion that the US economy is in a broad recovery. Edwards cites [...]
- Subjects :
- Societe Generale S.A.
Banking industry -- Economic aspects
Economic recovery -- Economic aspects
Stock markets -- Economic aspects
Stocks -- Economic aspects -- Valuation
United States economic conditions -- Economic aspects
Valuation -- Economic aspects
Stock market
Banking industry
Consumer news and advice
General interest
Subjects
Details
- Language :
- English
- Database :
- Gale General OneFile
- Journal :
- The Business Insider (Blogs on Demand)
- Publication Type :
- Periodical
- Accession number :
- edsgcl.806487334