Liquid Capital founder Yi Lihua said the broader market has held up against a recent black swan event in the short term, while views remain sharply divided over the macro outlook. In a post cited by Odaily, Yi said current expectations for the midterm elections point to Republicans losing both chambers, and that even winning one chamber would be seen as positive. He also said the peak in U.S. Treasury yields has already passed, which he described as one reason the market is highly split right now. On AI, Yi pushed back on bubble concerns. He said demand for AI is real and fundamentally different from the internet bubble era. In his view, a short-term correction after overheating would be normal, but the sector is still “far” from entering the territory of a major bubble.
Liquid Capital founder Yi Lihua said the broader market has withstood a recent black swan event in the short term, according to Odaily.
In a post, Yi said current expectations for the midterm elections are that Republicans will lose both chambers, and that winning even one chamber would count as a positive development. He also said the top in U.S. Treasury yields has already passed, leaving the market deeply divided at this stage.
Addressing debate over a possible AI bubble, Yi said demand for AI is real and "completely different" from the internet bubble of the past. He added that a short-term correction after overheating would be normal, but said it is still "far from" the scale of a major bubble.
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