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AI trade keeps falling without sign of correction, Dave Collum notes

AI trade keeps falling without sign of correction, Dave Collum notes
AI trade drops as correction debated

The ongoing decline in the AI trade does not yet justify the use of the term correction, according to Dave Collum, professor emeritus at Cornell University and financial commentator.

Collum stated that the word correction should be reserved for situations where something has been fixed, indicating that current conditions do not meet that threshold.

Collum has previously surveyed investor opinions on possible declines in equities during the next major bear market, according to his recent poll. He has also argued that gold and treasury yields may rise together as both assets react to increased inflation risks, as detailed in a separate analysis. These past views provide context for his current assessment of market terminology.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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