AI mania has tech seriously overbought

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From the Market Ear:

AIQ at the most overbought levels since July 2024…just before markets crashed.

The tech buy in

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About the author
Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness. Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.