
The European Central Bank (ECB) has published an analysis detailing the underlying drivers of investor behaviour within highly valued equity markets , particularly focusing on the technology and artificial intelligence sectors.
This investigation was prepared by Paolo Alberto Baudino, Federica Bosio, Daniel Dieckelmann, Christoph Kaufmann and Maria Leonor Puga as part of the ECB’s latest financial stability review.
Asset price valuations currently sit at historically elevated levels , especially within






