“In the short run, the market is a voting machine but in the long run, it is a weighing machine”Ben Graham
As the narrative of human subservience to artificial intelligence has gained traction, speculation is ripe that Tech sector will be the main beneficiary and earn abnormal profits.
However enough has been written already about the YTD market frenzy and its narrow breadth in the backdrop of FED pause and AI revolution, so in our latest monthly market insights, we will share our two cents by simply framing the facts against the narrative. After all, a picture (s) speaks a thousand (s) words!
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