Economic TimesLean R·
US stocks may be headed for a sharp correction, warns Andrew Freris amid AI spending boom
Market strategist Andrew Freris warns Wall Street's rally is built on shaky ground, citing weak earnings and excessive AI enthusiasm. He advises caution on US equities, favoring select Asian markets like Japan, Singapore, Taiwan, and South Korea. Freris believes a US market correction is inevitable and could trigger a global sell-off, urging retail investors to avoid chasing AI-driven momentum.
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