Former Morgan Stanley Chief Strategist warns: U.S. stocks are approaching "bubble peak"!

Zhitong
2025.08.01 03:49
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Former Chief Strategist of JP Morgan, Marko Kolanovic, warned that the US stock market is approaching a "bubble peak," primarily due to the excessive influence of large technology stocks. He pointed out that the recent rapid rise in the stock prices of tech giants has led to distorted market valuations, with an overall market capitalization that is inflated. Kolanovic mentioned that the market capitalization of companies like Microsoft and NVIDIA has exceeded that of entire industries or major national indices, indicating that the market may face the risk of a bubble burst. Many analysts share a similar view, believing that the US stock market is at the peak stage of an artificial intelligence bubble