Have Investors Been Under A Spell?
It would appear that investors have been under a spell, so to speak, over the past 12 months, especially when it comes to AI-related names.
The Times They Are A-Changin'
The last several weeks we've explored some of the signs that markets are shifting. From valuations to labor weakness to economic softening, it's clear the times they are a changing.
Time After Time
There are positives to take away from some of the economic data and there are some negatives.
Twice As Hard
Over the past 12 months, investing has been easy if you just bought AI-related stocks. Moving forward, companies may find profits harder to generate and consumers may find earnings harder to come by.
Whatever It Is...It's Going To Be Big
There's a lot going in the world and many external factors that could affect markets going forward.
Market Leadership Change
Has the market moved on from AI? Probably not entirely, but there's definitely a new sheriff in town as other asset classes rise to the top.