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Investment

Waning AI optimism, Fed rate cut driving US pullback: UniSuper

BY RIDDHIMA TALWANI | WEDNESDAY, 3 DEC 2025 12:45PM

UniSuper head of fixed interest David Colosimo says the November pullback in the US market is driven by the waning optimism on the sustainability of the AI thematic and a rate cut by the Federal Reserve.

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Read more: AI, US, Google, David Colosimo, Federal Reserve, Nvidia ', s. First, Broadcom, Chinese, Gemini, Liberation Day, Magnificent Seven, Microsoft, Peter Thiel, SoftBank

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