
Hedges For AI Mania Are Breaking Out To Higher Prices

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Authored by Simon White, Bloomberg macro strategist,Commodities and EM stocks are breaking out of their previous long-term ranges, in a sign investors are increasingly seeking to diversify away from US large-caps, which are single-handedly being driven higher by AI mania.US stocks had a sickly day Thursday, dropping 1.7% in their biggest daily fall for over a month. The market has been in the grip of AI-fueled exuberance,

