Why one Wall Street firm sees parallels to the late 1970s and recommends shorting U.S. stocks

A Wall Street firm is drawing a parallel between the current AI build-out and the economic conditions of the late 1970s, recommending shorting U.S. stocks based on historical inflationary pressures.

Sources

• MarketWatch — Why one Wall Street firm sees parallels to the late 1970s and recommends shorting U.S. stocks

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