and it could turn into"absolute insanity" if a bubble eventually forms, according to a note this week from TS Lombard.
"The hype around AI risks creating the second tech bubble in just three years. However, there are no signs of 'absolute insanity' in stocks, at least for now," TS Lombard's Andrew Cicione said. Meanwhile, investor leverage has cratered over the past year as the stock market suffered a painful bear market throughout 2022, with absoluteAnother factor that's limiting the formation of a bubble is that fewer people are sitting at home speculating on the stock market today than they were during the COVID-19 pandemic in 2020 and 2021.
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