Stock Market To Rally For 3-5 Years Before AI Bubble Bursts, Predicts Veteran Analyst Gene Munster: 'We're In The Early Stages'
Stock Market To Rally For 3-5 Years Before AI Bubble Bursts, Predicts Veteran Analyst Gene Munster: 'We're In The Early Stages'
The stock market is set to continue its bull run for another three to five years before an AI bubble bursts, according to veteran tech analyst Gene Munster.
資深科技分析師吉恩·芒斯特表示，在人工智能泡沫破裂之前，股市將再持續三到五年的牛市。
What Happened: Munster, the managing partner at Deepwater Asset Management, predicts that the stock market will continue to rise due to the increasing adoption of AI technologies. He believes that this trend will drive the market for the next three to five years, reported Business Insider.
發生了什麼：深水資產管理公司的管理合夥人芒斯特預測，由於越來越多地採用人工智能技術，股市將繼續上漲。據《商業內幕》報道，他認爲，這種趨勢將在未來三到五年內推動市場發展。
"We're in the early stages of what is a three to five year bull market, and that may seem out of touch given the market run that we've had more recently... but if you ultimately believe in the substance of AI is going to be greater than the hype, then the market is going to continue," Munster told CNBC on Friday.
芒斯特週五告訴CNBC：“我們正處於爲期三到五年的牛市的初期階段，考慮到我們最近的市場走勢，這似乎脫節... 但如果你最終相信人工智能的實質將大於炒作，那麼市場將繼續下去。”
Despite the recent market surge, Munster remains optimistic about the future of AI-driven stocks. He anticipates that the market's growth will be fueled by smaller AI-focused companies, rather than just the mega-cap tech stocks.
儘管最近市場飆升，但芒斯特仍然對人工智能驅動的股票的未來持樂觀態度。他預計，市場增長將由專注於人工智能的小型公司推動，而不僅僅是大型科技股。
Munster's optimism is based on the belief that AI technologies will have a greater impact than the internet. He predicts that the stock market will eventually be inflated by a new class of tech companies, particularly those focused on AI.
芒斯特的樂觀情緒是基於這樣的信念，即人工智能技術將比互聯網產生更大的影響。他預測，新一類科技公司，尤其是那些專注於人工智能的公司，最終將抬高股市。
However, Munster also warns that this bubble will eventually burst, leading to a painful end to the decade. Despite this, he advises investors not to shy away from owning stocks, as there is still potential for wealth creation in the interim.
但是，芒斯特還警告說，這個泡沫最終將破裂，導致這十年的痛苦結局。儘管如此，他建議投資者不要回避持有股票，因爲在此期間仍有可能創造財富。
"This is going to end in the spectacular bursting of a bubble, but I think there's a lot of wealth creation that can happen between now and then," Munster said.
芒斯特說：“這將以泡沫的驚人破裂而告終，但我認爲，從現在到那時，可以創造很多財富。”
He also pointed out $Alphabet-A (GOOGL.US)$ and $Meta Platforms (META.US)$ as unique, flagship holdings in Deepwater Asset Management's tech-focused portfolio due to their in-house AI technologies.
他還指出 $谷歌-A (GOOGL.US)$ 和 $Meta Platforms (META.US)$ 作爲深水資產管理公司以科技爲重點的投資組合中獨一無二的旗艦股票，這要歸功於其內部的人工智能技術。
Why It Matters: Munster's prediction comes at a time when the stock market is experiencing significant shifts. Just recently, Goldman Sachs forecasted a flat return for the S&P 500 for the remainder of the year, suggesting that the stock market rally for 2024 has peaked.
爲何重要：芒斯特的預測是在股市發生重大變化的時候作出的。就在最近，高盛預測標準普爾500指數在今年剩餘時間內的回報率將持平，這表明2024年的股市漲勢已經達到頂峯。
Additionally, investment strategist Ed Yardeni warned that the Fed's potential monetary easing through interest rate cuts could unleash a surge in the stock market, potentially propelling the S&P 500 to record highs by the year's end.
此外，投資策略師埃德·亞爾德尼警告說，聯儲局可能通過降息來放鬆貨幣政策，這可能會引發股市的飆升，有可能推動標準普爾500指數在年底前創下歷史新高。
On the other hand, JPMorgan's Jamie Dimon voiced concerns about the persistent inflationary pressures in the U.S. economy. He suggested that these pressures may lead to a prolonged period of higher interest rates than what investors anticipate.
另一方面，摩根大通的傑米·戴蒙對美國經濟持續的通貨膨脹壓力錶示擔憂。他認爲，這些壓力可能導致利率長期高於投資者的預期。