Legendary Investor Says Tech Bubble Worry Is Overblown
Chuck Clough, Chairman at Clough Capital, discusses why says today’s AI-driven market is more sustainable than the 1990s tech boom. Clough says today’s tech behemoths have strong business models that...
By Bloomberg · Bloomberg
Chuck Clough, Chairman at Clough Capital, discusses why says today’s AI-driven market is more sustainable than the 1990s tech boom. Clough says today’s tech behemoths have strong business models that churn out substantial earnings, inoculating them from any economic downturns. Bigger picture, he said, market liquidity is more robust, which can allow further share price gains. He speaks on "Bloomberg Surveillance." (Source: Bloomberg)