AI’s Rise Looks Like a Rocket Out of Fuel AI stocks have been running hot—too hot. According to Saxo Bank’s Ole Hansen, this parabolic run-up is looking unsustainable. We’ve seen a massive surge in AI-related equities, pushing forward earnings far above long-term norms. That kind of disconnect always ends the same way: with a reset. The Nasdaq is already showing signs of fatigue. Big banks are quietly warning about a 10–20% equity drawdown. If that happens, you know what comes next—volatility spikes, and everyone scrambles for the exits. When Panic Hits, Everything Gets Sold—Even Gold Here’s the key insight Hansen lays out: when volatility spikes, institutional portfolios are forced to reduce risk across the board. They don’t just sell bad…
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