Liquid Capital founder Yi Lihua said in a post that the broader market has held up in the short term after what he described as a black swan event. He added that current expectations for the midterm elections point to Republicans losing both chambers, and that winning even one chamber would be viewed as positive. Yi also said the peak in U.S. Treasury yields has already passed, which in his view is one reason why opinions are sharply divided at current market levels. On the debate around an AI bubble, he argued that AI demand is real and fundamentally different from the internet bubble of the past. He said a short-term correction after overheating would be normal and does not come close to qualifying as a major bubble. The remarks were reported by ChainCatcher in a 7x24 news update.
According to ChainCatcher, Liquid Capital founder Yi Lihua said in a post that the broader market has withstood this black swan event in the short term.
He said current expectations for the midterm elections are that Republicans will lose both chambers, and that winning even one would count as a positive development. Yi also said the top in U.S. Treasury yields has already passed, leaving the market sharply divided at current levels.
Addressing discussion around an AI bubble, Yi said AI demand is real and "completely different from the internet bubble back then." He added that a short-term adjustment after overheating would be normal and remains far from the scale of a major bubble.
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