Many Wall Street research analysts claim US stock markets are overvalued and we are due if not for a correction, than for a slowdown in the growth of the S&P 500, DJIA, Nasdaq Composite indices.
The outcome for the US stock market is now like a payoff of an American call option on the development of artificial intelligence, AI. If AI goes on taking the world by storm US stock market indices will go on growing strong, according to Wolfteam Ltd.'s projections and estimates.
In addition, the Federal Reserve monetary policy remains accomodative.
To a large extent, AI's future development depends largely on the mainly large technology companies' investment prowess, especially the AI investments.
No comments:
Post a Comment