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2024/02/28

AI bubble BIGGER than dot-com?

Billionaire Marc Rowan of Apollo Global Management says so – in a report published on Sunday, his firm called AI a 'bubble' worse than even the dotcom era:
 

AI Bubble Bigger Than Dot-Com?


Are AI stocks in a bigger bubble than tech stocks in the '90s?

Billionaire Marc Rowan of Apollo Global Management says so – in a report published on Sunday, his firm called AI a 'bubble' worse than even the dot-com era:

"The top 10 companies in the S&P 500 today are more overvalued than the top 10 companies were during the tech bubble."

What's clear is that there's lots to be anxious about right now – from bubbly AI stocks... to the election year... and even the specter of returning inflation.

That's why I encourage you to sign up for 50-year Wall Street legend Marc Chaikin's 2024 market briefing... going live TOMORROW, February 29, at 8 p.m. Eastern time.

With the S&P hitting new all-time highs, driven largely by this AI mania, Marc knows this is a critical moment for many investors.

And while I understand it may be tempting to want to either move your money to the sidelines today (or keep it there)...

That could be the absolute worst mistake you could make with your money in 2024.

Which is why Marc's announcement tomorrow is so important...

Marc says that acting on the information he'll be sharing could mean the difference between seeing multiple 100%-plus gains in 2024, OR devastating 30-50% losses (which is what he predicts will happen to most Americans).

So, if you're concerned at all about today's volatility... election-year uncertainty... or other threats surrounding our economy...

Sign up here to join Marc at 8 p.m. Eastern time tomorrow if you haven't done so already.

Good investing,

Brett Aitken
Publisher, Stansberry Research

P.S. As an added bonus for tuning in, Marc is planning to share his top 'BUY' recommendation and his top 'SELL' recommendation for 2024 – 100% free of charge tomorrow on camera.

He issued similar free recommendations on the cusp of 2023 when he shared his market forecast last year...

And anyone who tuned in and followed his free 'BUY' recommendation could have seen a 52% gain on Netflix last year... while his readers could have also avoided a nearly 60% loss following his 2023 warning to 'SELL' Tesla.

Now, he's about to do it all over again...

Again – you'll get the company names and tickers free if you tune in tomorrow, February 29, at 8 p.m. Eastern time.

Sign up here now while there's still time.

 

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