If the AI hype train finally derails, where's the smart money headed? Some analysts are eyeing Europe as a potential safe harbor. Think about it—while tech valuations have gone parabolic in the States, European equities remain relatively grounded. Lower P/E ratios, stable fundamentals, maybe even a bit boring? But boring might be exactly what portfolios need when speculation cools off. The question isn't whether AI will correct, but when—and whether European markets could actually benefit from the rotation. Worth watching how institutional flow shifts if sentiment turns.