Part 11/12:
Looking forward, the anticipated appointment of a new Fed chair in May 2024 appears to be a turning point. The confluence of fiscal policy easing, AI adoption, and technological breakthroughs could lead to a peak in market exuberance around that time.
However, the experts caution that beyond the immediate horizon, the bubble’s end could be near. When central banks start raising rates again or when investors realize the lack of sustainable profits, a sharp correction may ensue. For now, the consensus is to stay bullish in the short term but remain vigilant for cracks in the foundation.