Wall Street veteran refutes the AI bubble theory: Tech giants' high valuations are not a concern, but we should beware of two real risks.
According to the Wise Finance app, many financial commentators have recently warned that the dominant position of large technology companies in the stock market and their high valuations seem reminiscent of the prelude to the dot-com bubble. However, legendary stock strategist Charles Clough, who became famous for accurately predicting the market crash at the end of the 1990s, believes that the current frenzy surrounding the tech giants is different from before.
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