Wall Street legendary investor: The AI bull market has one to two years remaining, and has recently increased holdings in related stocks

Gold Financial reports that on May 8th, Wall Street legendary investor and the founder of Tudor Investment, Paul Tudor Jones, who successfully predicted the 1987 stock market crash, stated that the bullish trend in the U.S. stock market driven by artificial intelligence (AI) could last another one to two years. He has recently continued to increase his holdings in AI-related stocks and believes that the current market development is highly similar to the rise of Microsoft in the 1980s and the early commercialization of the internet in the 1990s. The productivity revolution brought by AI is still in the middle stage, not the end.
Jones pointed out that whether it was the Microsoft software revolution or the popularization of the internet, both triggered productivity gains and bullish stock markets lasting four to five and a half years. He said, “If I had to choose a point in time, I think we’ve only gone about 50% to 60%, and this rally probably has another one to two years to go.”
He also warned that if the market continues to rise sharply in the future, subsequent corrections could be quite astonishing. He pointed out that if the stock market rises another 40%, the market capitalization as a percentage of GDP could rise to 300% or even 350%, and you would know that at some future point, the market could experience a breathtaking and significant correction. (East News Agency)