Business & Finance
Deutsche Bank Sees 'Promising' Signs in Limited Selloff
Key Points
Henry Allen, macro strategist at Deutsche Bank Research, discusses market moves as a selloff in the artificial intelligence trade gathered speed. "If it was a concern, we'd be seeing broader stock market see bigger falls," he tells Bloomberg Television. "The fact that we haven't seen that spread to Europe, for instance, we haven't seen that contagion, that slowdown elsewhere, I think is a promising sign," Allen adds.
Henry Allen, macro strategist at Deutsche Bank Research, discusses market moves as a selloff in the artificial intelligence trade gathered speed. "If it was a concern, we'd be seeing broader stock market see bigger falls," he tells Bloomberg Television. "The fact that we haven't seen that spread to Europe, for instance, we haven't seen that contagion, that slowdown elsewhere, I think is a promising sign," Allen adds. (Source: Bloomberg)