Bull vs. Bear: The Beginning of the End for the AI Trade?

The Wall Street Journal · Ed Ballard · 2026-11-06 12:06 UTC

🐂 Mohit Kumar, chief European economist at JefferiesWe do not see yesterday's price action as the start of unwind of the AI trade. We do admit that policy uncertainty after the Blue Tsunami raises concerns over AI investment and the pace of data center buildup. However, data centers and AI infra