AI bubble is back!

Friday 13 September 2024

The Market Ear with more on my great bubble hope.

Blowing bubbles

This is nothing compared to the late 90s. BofA writes: “The tech bubble lasted 5 years and withstood 2 major shocks (in 1997 & 1998), 100bps of rate hikes and a bear market while still delivering over 80% returns in the final 2 years”

The full text of this article is available to MacroBusiness subscribers

$1 for your first month, then:

$24.99 / month

$249 / year

Cancel at any time through our billing provider, Stripe

About the author

David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific’s leading geo-politics and economics portal. He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.