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Boockvar: AI stocks got so far above moving averages that it was unsustainable
Peter Boockvar, Chief Investment Officer at One Point BFG Wealth Partners, said stretched AI valuations, inflation risks and rising yields could pressure stocks, while favoring commodities and consumer staples.
Peter Boockvar, Chief Investment Officer at One Point BFG Wealth Partners, said stretched AI valuations, inflation risks and rising yields could pressure stocks, while favoring commodities and consumer staples.
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