The AI trade has a new bogeyman keeping it up at night
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US investors have a tendency to be myopic. And who can blame them? They trade in the biggest market. All the biggest companies are American. That focus has been reaffirmed in recent months, with the AI trade driving US indexes to repeated record highs. Not to mention the biggest IPO in history just took place stateside. But beyond the Magnificent 7 — outside the US entirely — gains have been minted that put US returns to shame. Forget SpaceX. Foreign investors have been all about South Korean
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