Palantir Co-Founder Joe Lonsdale Urges Investors to Avoid Bonds for a Decade

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.

Source: TokenPost