Bloomberg Surveillance · Friday, August 14, 2026
Kathryn Kaminski observes that US equities have been persistently strong throughout the year, largely driven by an AI growth narrative. Despite a summer rotation to other sectors, tech has recently regained leadership, with indices approaching all-time highs. This continued strength in AI appears to be looking past market noise.
“So, it's an AI story. And you've seen massive acceleration this month in prices and we're getting close to all time highs. Yeah, and several indocies. So it feels like a rock ship.”
“You've seen broadening in terms of the trend strength, but you've also seen just continued strength in terms of the AI growth narrative. Just it's there and it's not disappearing. It's looking through all the noise.”