Citigroup expects that the recent surge in stock prices driven by the artificial‑intelligence (AI) boom could continue for some time. “The AI bubble isn’t over yet” said Dirk Willer, head of macroeconomics and asset allocation at Citigroup, to the “Handelsblatt Invest” podcast on Wednesday. Willer, who witnessed the dot‑com bubble in New York in the early 2000s, believes this time will also see market excesses: “The more impressive the technology, the more it will be over‑invested”. With major U.S. technology firms pouring heavily into AI, investors may feel pressure to diversify, but Willer cautions that if a tech bubble were to burst, “almost all assets would decline”.
Economy / Finance
