US markets are sending investors two very different signals, with equities near record highs even as bond yields climb to levels not seen in more than two decades. Stephen Miller from GSFM says the key to understanding that disconnect is the strength of the AI investment cycle, which is supporting corporate earnings even as it drives enormous demand for capital.

Watch | Stephen Miller on ausbiz

Stephen Miller

Stephen Miller is GSFM’s market strategist. His expertise in international economic and policy analysis, as well as domestic and global economic and financial market developments, has resulted in him becoming a regular commentator on central banks, rates and inflation.

Information provided is general information and is for educational purposes only, and does not include, or constitute as, financial product advice.
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