I referred to as it…
The market is experiencing an inevitable pullback.
This comes after one of many strongest six-month rallies within the S&P 500 — inside the final 30 years.
Like I mentioned last week, this pullback is because of a mixture of geopolitical considerations within the Center East, and fears that the Federal Reserve will take longer than anticipated to chop rates of interest, due to inflation.
However consider this as a bull market correction, relatively than a “world-ending” market occasion.
I’m trying on the longer-term investing alternatives of artificial intelligence (AI), cryptocurrency, biotech and different large mega traits that can carry us greater returns by the tip of this decade.
So right this moment, Amber and I are taking a more in-depth have a look at the tech market’s potential impression on the U.S. economic system, an replace on bitcoin (BTC) after its fourth halving — and the most important highlights from the eMerge Tech Expo, a convention I attended on Friday.
This expo not solely showcased among the most cutting-edge developments for ChatGPT and robotics…
But additionally one of many greatest guarantees of AI, and its impression on the workforce…
(Or read the transcript here.)
🔥 Scorching Subjects in Right this moment’s Video:
- Market Information: With U.S. inflation remaining sticky, what sector are buyers transferring their cash into? [1:09]
- Market Prediction: 4 of the “Magnificent Seven” of tech shares will report earnings this week. Contemplating tech’s contribution to U.S. financial development this previous yr, how would possibly this affect the path of the economic system? [7:19]
- Tech Traits: I share every little thing I discovered from the eMerge Tech Expo in Miami, FL. (Trace: ChatGPT, generative AI and robotics had been main highlights!) [8:16]
- Crypto Nook: The bitcoin halving is full! The place will the crypto market go from right here? And why is bitcoin such an fascinating asset to buyers? [13:30]
By the best way…
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It’s a California-based chipmaking juggernaut that develops laptop processors and associated applied sciences for each companies and client markets.
Its manufacturing of AI purposes (and different elements of its enterprise) has put this firm on the heart of among the most modern applied sciences being developed right this moment.
Go here to learn more about this company.
Till subsequent time,
Ian King
Editor, Strategic Fortunes