‘Price bubble’ in A.I. stocks will wreck rally, economist David Rosenberg predicts
Investors piling into stocks with artificial intelligence exposure may pay a hefty price.Economist David Rosenberg, a bear known for his contrarian views, believes enthusiasm surrounding AI has become a major distraction from recession risks.”No question that we have a price bubble,” the Rosenberg Research president told CNBC’s “Fast Money” on Thursday.According to Rosenberg, the AI… […]