Invest: Deutsche Bank expert Ulrich Stephan: "AI is a boom and not a bubble"
The chief investment strategist at Deutsche Bank discusses in the podcast how dangerous the rising bond yields in France and the US are and where he sees opportunities in the Dax.
Ulrich Stephan, Chief Investment Strategist for Private and Corporate Clients at Deutsche Bank, says the quarterly earnings season could bring a new phase of gains to the stock markets. He attributes this to strong corporate earnings in the US and Europe, with analysts estimating a more than 30% increase in S&P 500 profits and over 20% in Stoxx Europe 600 companies.
Stephan cites the ongoing boom in Artificial Intelligence (KI) as a key driver, expecting companies to continue investing heavily in it until next year, which he believes will further boost profits and stock prices. He remains optimistic, describing the current trend as a "boom" rather than a "bubble".
Written by urgent.news from Handelsblatt's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.
