AI Stock Guru Leopold: Fund Will Continue Operations, Will Not Exit Public Stock Markets, and Will Learn Lessons From Recent Losses

According to market sources, a person familiar with the matter revealed that the U.S. Treasury has notified banks of a possible intervention in the yen market on Friday. (Jinshi)

According to Fox News, US President Donald Trump stated that the Iran war is "progressing smoothly", the US is dealing heavy blows to Iran, and "we have been winning". (Jinshi)

According to South Korean media reports, South Korea’s Doosan Group has signed an agreement with SK Group to acquire semiconductor wafer manufacturer SK Siltron. With the completion of the transaction, Doosan is expected to further enhance its competitiveness in the semiconductor industry, building on its core businesses such as energy and machinery. Doosan, the holding company of Doosan Group, disclosed on the 31st that it has signed a share purchase agreement with SK Group to acquire a 70.6% stake in SK Siltron held by SK, with a transaction value of 2.3 trillion won. However, the 29.4% stake held personally by SK Group Chairman Choi Tae-won is not included in the acquisition. SK Siltron is South Korea’s only semiconductor silicon wafer manufacturer, ranking third in global market share for 12-inch wafers. Last year, the firm’s corporate valuation exceeded 5 trillion won.

Ray Dalio, founder of Bridgewater Associates, stated that AI has revolutionary value capable of transforming production methods, but the current market has already shown some characteristics aligning with historical bubble patterns. Investors may overlook the gap between technological value and market prices. When asset valuations far exceed actual profitability and the funding environment tightens, bubble risks could quickly emerge. Dalio noted that bubble bursts are typically amplified through debt chains: falling asset prices reduce collateral values, forcing highly leveraged investors to sell assets to repay debts, which in turn drives prices down further. If inflation rebounds and prompts central banks to raise interest rates, higher financing costs could also exacerbate market repricing. He believes the global economy is in a long-term "big cycle" shaped by debt accumulation, widening wealth gaps, political division, and shifts in the international power structure. Investors should avoid concentrating wealth in a single asset and reduce risks via diversified allocations including stocks, cash, gold, bonds, and real estate. As a hard asset that is not easily created, gold can play a role in diversifying risks during periods of currency devaluation and rising financial stress. Regarding the job market, Dalio holds that AI will replace some repetitive intellectual tasks, and those who can collaborate with AI and continuously adapt to changes will gain an edge in the future. He emphasized that technological progress will not halt even if the economy enters a recession.

Fed’s Kashkari said that to address the risk of entrenched inflation, he favors gradual policy tightening. If inflation remains persistently high, a series of small policy adjustments would be more effective than maintaining a wait-and-see stance while still concluding that bolder action is needed.

White House National Economic Council Director Hassett stated that based on current data, it is difficult to push forward with interest rate hikes.