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But we saved everything 🙂.
James E. Thorne described the current drawdown in the Semiconductor index as normal, natural, and healthy considering the historic nature of the ongoing AI buildout.
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Thorne previously commented that Bond Vigilantes are focused on detailed Consumer Price Index data, highlighting inflation concerns in fixed income markets. He has also predicted that the S&P 500 could reach 10,000 by 2027 as markets trend higher toward the end of the year. For more on Thorne’s outlook, see his analysis of Bond Vigilantes and CPI data and his S&P 500 projection.