Why AI is the savior markets need
At the time of writing, the S&P 500 is up 10% year to date and nearly 30% over the past year. These gains are happening despite war in the Middle East, oil chaos, slow to no GDP growth, increasing inflation, and a soft labour market. How is this possible? In my view, there is only one reason the markets continue to gain: artificial intelligence (AI). This isn’t the first time AI has had a disproportionately positive impact on the markets. In 2022, the S&P 500 was down nearly 2
Read more »