AI Big Tech Peaks in 6 Months, the Next Hot Sector Is 'This Place' / After AI Bubble Collapse, Stock Market Moves Like This

Summary

Dr. Yoo Shin-ik predicts US Big Tech will peak in 6 months, then plateau within a 20% range, not crash. He advises rotating into defensive sectors like beauty and small-cap value stocks. He expects USD/KRW to continue rising due to US fiscal policy.

• Dr. Yoo Shin-ik, KB Bank economist, discusses US M7/AI semiconductor stocks peaking in 6 months.
• He forecasts a range-bound correction of up to 20% rather than a collapse similar to 2000.
• He recommends maintaining 30-40% AI exposure with hedging, and later buying on dips.
• After the peak, the market will rotate to active management favoring small-cap value stocks with earnings support.
• The beauty sector is highlighted as a defensive play with stable demand during downturns.
• USD/KRW is expected to continue rising due to US fiscal deficits and inflation transfer to allies.
• Geopolitical tensions between US and China are seen as ongoing but may ease, reducing inflation risk.
• Long-term asset inflation driven by monetary debasement and stablecoins is a key theme.