Listen to the audio version of this article (generated by AI).
The strangest standoff in the market… why liquidity is keeping a lid on your gains… the framework for when it will end… if bond yields fall, ask why… follow the earnings, not the multiple… how to invest in this market
For nearly four months, the AI trade has been stuck.
Not falling apart. Not melting up. Just… stuck – chopping sideways, week after week, going nowhere.
You can see this in the Global X Artificial Intelligence & Technology ETF (AIQ), a proxy for the AI trade. As I write on Thursday, it’s trading at essentially the same level as the first week of May.
