Stock market outlook: JPMorgan stays bearish amid brewing AI bubble

In a Monday note, he warned that the

"This could be indicative of a bubble, and other anecdotal evidences point to an AI-driven bubble as well," Kolanovic said. While the AI bubble keeps raging on, Kolanovic is focused on three bearish catalysts that could ultimately upend the stock market rally and lead to a sizeable sell-off. While admitting there's no way to time the potential negative inflection point for markets, Kolanovic said"there are not data points that would prompt us to change our methodology or conclusions."

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