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Bank of America Says Nasdaq 100 Index Approaching Bubble Levels

On June 23, Bank of America research analysts stated that while the risks surrounding the rise of the Nasdaq 100 index are accumulating, there may still be room for further expansion in AI themes. The team's bubble risk indicator shows that the Nasdaq 100 index is slightly below the 0.8 level, which typically indicates an increase in short-term tail risks. Tech stocks and semiconductor stocks have already exhibited extreme bubble-like price trends. The Bank of America team wrote that the AI bubble may take years to fully form, but history suggests that its indicators can help signal phase corrections.

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