AI Bubble Narrative Will ‘Shift Several Times’ in 2026

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AI Bubble Narrative Will ‘Shift Several Times’ in 2026

Schwab Network

8 minutes 36 seconds

1 week ago

AI Bubble Narrative Will ‘Shift Several Times’ in 2026

Russell Hackmann sees curveballs lurking in private credit as he examines the market overall. “Thus far, it seems pretty contained,” he says, but compares conditions to 2007. He thinks the AI bubble narrative will “shift several times” this year, and market concentration is making it more difficult for retail investors. He anticipates volatility because of the concentration and high valuations.

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