Is the AI boom holding up the entire US economy — and if so, what happens if the trade begins to unravel?
David Rosenberg, founder and president of Rosenberg Research, joins the MoneyShow MoneyMasters Podcast to break down the extraordinary influence Artificial Intelligence is having on stocks, corporate spending, interest rates, and the broader economy.
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Rosenberg explains why he believes the current market rally is essentially one highly correlated AI trade, with the effects spreading far beyond technology – and into industrials, utilities, financials, and other sectors. He also discusses why today’s AI-driven environment may carry even greater risks than the late-1990s dot-com boom-and-bust.
Plus, Rosenberg shares his outlook for US and Canadian markets, oil and commodities, Treasury yields, government debt, and portfolio positioning. A key takeaway: Bonds, hard assets, commodities, uranium, gold, agriculture, and other NON-AI sectors and asset classes could be just what your portfolio needs in this increasingly unstable market environment!
Relevant tickers for this podcast include ($TXCX) (AIQ) (EWC) (GLD) (QQQ) (TLT) (USO) (XLE) and (SPY).
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