Artificial Intelligence (AI) is not just a buzzword, it’s a game-changer in the stock market. From automating complex and redundant processes to solving long-standing industry challenges, AI is revolutionizing the way we trade. With the launch of ChatGPT and other natural language processing (NLP) chatbots and AI’s use in autonomous driving, the tech is becoming … Read more
Wall Street returned to record heights Friday to cap a punishing, two-year round trip dogged by high inflation and worries about a recession that seemed inevitable but hasn’t arrived. The S&P 500, which is the centerpiece of many 401(k) accounts and the main measure that professional investors use to gauge Wall Street’s health, rallied 1.2% … Read more
Happy New Year! It should be. After 2023’s 26.6% return, 2024 holds more in store. Fortunately, few are lampshade-on-head gleeful. Most investors remain skeptically timid, fretting about all those “risks” you hear abundantly. As Sir John Templeton legendarily said, “Bull markets are born on pessimism, grow on skepticism, mature on optimism and die on euphoria.” Today’s skepticism … Read more
Santa Claus has really come to town — or at least Wall Street. US stocks are set to close out the year at record highs as investors make optimistic bets that the Federal Reserve will cut interest rates — but experts say the rally’s longevity into 2024 will depend on whether Fed Chair Jerome Powell … Read more
