AI returns, European stocks fade, is everything back to the old path?
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Recently, U.S. stocks have gained attention due to the resurgence of AI, with Goldman Sachs' basket of AI winner stocks reaching an all-time high, while AI risk stocks have once again declined. Meanwhile, the German DAX index continues to fall, down about 5% from its historical peak, and has touched the 50-day moving average for the first time. The ratio of U.S. stocks (S&P) to European stocks (Stoxx 50) continues to rise, suggesting that U.S. stocks are back in focus, while the pullback in German stocks indicates a pause in the spotlight for European stocks
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