Société Générale has polled clients about their biggest market concerns, but its strategists are telling them to look beyond the artificial-intelligence trend. Instead, they point to a stronger dollar and fundamentals as key drivers of the current rally. Despite worries about an AI bubble, SocGen believes that the US economy is in good shape and the dollar’s value will continue to hold up. This means investors can focus on long-term growth opportunities rather than getting caught up in short-term fears.
Source: https://www.marketwatch.com/story/stop-worrying-about-the-ai-bubble-socgen-strategists-tell-clients-the-dollar-and-fundamentals-will-sustain-this-rally-b8c25628