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Benjamin Bowler

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  1. Bank of America14 min

    Signals & Noise: Bubble Building in the Age of AI

    Ben Bowler, Arjun Goyal, Benjamin Bowler

    Bank of America Global Research identifies a prevailing "bubble era" driven by reflexive feedback loops where rising prices and volatility reinforce one another across asset classes like AI, tech, and cryptocurrencies. The firm's proprietary Bubble Risk Indicator (BRI) quantifies this instability using historical price data, successfully flagging recent pullbacks in Korean equities and vulnerable sectors such as cybersecurity and semiconductors. Strategic guidance suggests investors prioritize monitoring this metric over traditional valuations to navigate an environment characterized by higher volatility, larger drawdowns, and rapid snapbacks without an immediate terminal crash.

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