AI Bubble Trouble: Wedbush Strategist Sounds the Alarm
Update: 2025-10-09
Description
Is the AI boom a bubble about to burst? Wedbush's chief strategist Paul Dietrich warns of dot-com era echoes, with Nvidia's valuation exceeding Berkshire Hathaway and JPMorgan combined. He urges caution amidst leveraged bets and suggests safe havens: utilities for steady returns and gold, potentially soaring past $4,000, as a hedge against inflation and a weakening dollar.
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