Analyst who predicted dot-com bubble warns of AI crashing stock market
Lately, criticism and warnings about the U.S. stock market – and arguably by extension, the world economy – have been coming in hot from all sides.While the major U.S. stock market indices such as the S&P 500 and the Dow Jones Industrial Average (DJIA) have been doing exceptionally well, a significant shadow has been growing due to multiple factors.For one, the movements of the indices have been strikingly similar to what was seen at the start of 1929 and the concentration of gains within the top five compa ...