In a newly released research note, Sløk pointed out that the greenback’s underperformance in the first half of 2025 has been more pronounced than interest rate differentials alone would suggest.

The AI bubble is dangerously inflated, and it's concentrated, institutional, and sitting atop S&P 500's biggest names.

One reason why the U.S. stock market may have been able to register new highs of late is that the supposed end of U.S. exceptionalism looks to have been very short-lived. The chart from Torsten Slok, ...

For years now, experts have warned that the AI industry is a massive bubble waiting to burst, enormous hype that drives a market frenzy, leading to a near collapse when it's exposed to be built on top ...