Nomura Warns AI Rally Masks US Vulnerabilities, Threatens Sharp US Asset Correction and Dollar Weakening
Nomura analysts, led by Rob Subbaraman, stated in a report on Thursday that the artificial intelligence boom has signaled growing risks in the US economy and capital markets. A setback in the technology rally could potentially trigger a sharp correction in US assets and weaken the dollar. The report warned that the concentration of global savings in US dollar assets has left investors increasingly exposed to a reversal in these trends.
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