AI Rally Set to Trigger Stock Market Correction, ECB Researchers Warn
10 Articles
10 Articles
Exchange rates of artificial intelligence companies are at levels comparable to the dotcom bubble, which exploded in 2000. The ECB says that any correction would have an impact on the euro area.
With stock assessments at the top of the list, Frankfurt researchers fear a sudden collapse of the Magnificent Seven of the AI. The savings of the Old Continent are in danger because of the exposure through the ETFs: "A crisis in the United States would also overwhelm Europe"
IN 30 SECONDS What has happened? A team of economists from the ECB has warned that a correction of US technology can threaten the financial stability of the Eurozone, even if artificial intelligence meets expectations. Who is behind it? The analysis was published yesterday on the blog of the European Central Bank and numbers the exposure of the eurozone's households at €440 billion, especially through investment funds. What impact does it have? …
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