Browsing: Market

The market is trading near all-time highs. To me, it increasingly looks like the mistakes of the dot-com bubble are being repeated in artificial intelligence. While there’s no way to know when it will arrive, a bear market is definitely on the way. I simply expect one to arrive sooner rather than later. Which is…

U.S. stock markets closed lower on Thursday terminating a three-day winning run. Disappointing earnings results and guidance by AI-powered corporate behemoths significantly dented market participants’ confidence in risky assets like equities. An elevated reading of a key inflation gauge also hurt investors’ sentiment. All three major stock indexes ended in negative territory.