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UBS analysts said that the US stock market will remain tense next year because investors are worried not only about missing out on the rise in artificial intelligence, but also that this is a bubble that is about to burst. Sharp declines and rapid reversals over the past 18 months have always been a characteristic of the stock market. This trend is likely to continue until 2026. Some strategists expect artificial intelligence to follow the rise and fall cycles of past technological revolutions.

Zhitongcaijing·12/21/2025 15:09:00
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UBS analysts said that the US stock market will remain tense next year because investors are worried not only about missing out on the rise in artificial intelligence, but also that this is a bubble that is about to burst. Sharp declines and rapid reversals over the past 18 months have always been a characteristic of the stock market. This trend is likely to continue until 2026. Some strategists expect artificial intelligence to follow the rise and fall cycles of past technological revolutions.