Steve Hou: Bears lack strong arguments as markets focus on AI and yields

Steve Hou: Bears lack strong arguments as markets focus on AI and yields
Bears lack strong arguments in markets

Steve Hou questions the validity of current bearish arguments in the stock market. He expresses little concern about oil prices, rising bond yields, or Federal Reserve interest rate hikes.

Hou further critiques skepticism around artificial intelligence, suggesting that those doubtful of AI's impact in markets need to provide more substantial arguments.

Hou has previously argued that finance should be considered in terms of event time rather than the calendar, noting that faster calendar events translate into shorter periods between market moves (link). In an earlier commentary, he suggested the current equities rally was due for a pause, citing a likely need for a market breather (link). His recent remarks continue his focus on assessing prevailing market narratives.

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