AI Rally Faces Cyclical Test as Strategist Warns a Downturn Is Inevitable
Markets are confronting a sharper debate over whether the artificial intelligence trade can keep powering global equities after a long run of outsized gains. Strategist Dario Perkins argues that even if AI remains a transformative theme, a cyclical downturn is unavoidable, raising the risk that investor enthusiasm is colliding with a more fragile earnings and macro backdrop.
