I known 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 final week, this pullback is because of a mixture of geopolitical issues 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, moderately than a “world-ending” market occasion.
I’m trying on the longer-term investing alternatives of synthetic intelligence (AI), cryptocurrency, biotech and different huge mega tendencies that may carry us larger returns by the top of this decade.
So right now, Amber and I are taking a better have a look at the tech market’s potential affect 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 a few of the most cutting-edge developments for ChatGPT and robotics…
But in addition one of many largest guarantees of AI, and its affect on the workforce…
(Or learn the transcript right here.)
🔥 Sizzling Subjects in In the present day’s Video:
Market Information: With U.S. inflation remaining sticky, what sector are traders 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 12 months, how would possibly this affect the route of the economic system? [7:19]
Tech Tendencies: I share all the things I discovered from the eMerge Tech Expo in Miami, FL. (Trace: ChatGPT, generative AI and robotics have 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 attention-grabbing asset to traders? [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 shopper markets.
Its manufacturing of AI functions (and different components of its enterprise) has put this firm on the middle of a few of the most progressive applied sciences being developed right now.
Go right here to study extra about this firm.
Till subsequent time,
Ian KingEditor, Strategic Fortunes