Add as a preferred source on GooglePalantir Co-Founder Joe Lonsdale Urges Investors to Avoid Bonds for a Decade
He expects AI demand to raise interest rates and adoption to boost productivity, favoring equities such as the S&P 500.
Venture capitalist and Palantir co-founder Joe Lonsdale is urging investors to avoid bonds for the next decade, saying he expects artificial intelligence (AI) demand to push interest rates higher and make fixed-income investments less attractive.
Lonsdale also expects AI adoption to increase productivity. He sees those gains as a reason to favor equities, particularly companies positioned to use the technology.
He points to the S&P 500 as an equity-market option. His views are a 10-year outlook on bonds and stocks tied to his expectations for AI demand and adoption.
Sonny Jang
ReporterSonny Jang reports on people and leadership in digital assets for TokenPost. Send corrections or tips to info@tokenpost.com.