AI Stocks Moving Into ‘Bubbly Territory’: Lombard Odier

Lombard Odier Chief Investment Officer Michael Strobaek discusses the AI trade, saying that stocks are in “bubbly territory” but says there won’t be a repeat of the dot-com crash. The...

By Bloomberg Markets · Bloomberg Markets

Lombard Odier Chief Investment Officer Michael Strobaek discusses the AI trade, saying that stocks are in “bubbly territory” but says there won’t be a repeat of the dot-com crash. The industry “is here to stay” and can “go on for quite a while,” he says. Speaking on Bloomberg Television, Strobaek also comments on Federal Reserve monetary policy.