A looming AI disappointment and rising yields. Why one research firm is hitting the brakes on U.S. stocks.

MacroResearchBoard issued a warning for investors about U.S. stocks over the next 12 months, citing concerns about technology sector valuations and rising bond yields. The firm recommended reducing exposure to stocks, according to a statement from the research organization. MacroResearchBoard did not specify a timeline for when these conditions might change or provide a target price adjustment.

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