Yi Lihua: Short-Term Market Has Withstood the Black Swan; AI Is Far from a Major Bubble

Odaily reports: Yi Lihua, founder of Liquid Capital, posted: "The short-term market has withstood this wave of black swans. Current midterm election expectations suggest Republicans will lose both chambers—if they win even one, that would be a positive. Meanwhile, US Treasury yields have already peaked, so there is significant divergence here. Many people are discussing an AI bubble, but AI demand is real—it's completely different from the internet bubble of the past. A short-term correction after overheating is very normal, and we are far from reaching major bubble territory."