Reported about 1 year ago
The article discusses how Charles Schwab's chief global investment strategist, Jeffrey Kleintop, advises investors to consider diversifying out of AI stocks. He suggests that when more attractively valued opportunities emerge in other parts of the market with increasing earnings momentum, it may be a good time to adjust their positioning regarding AI stocks. Kleintop highlights how AI stocks have been driving most of the earnings gains, but seeing earnings growth in other sectors signifies a potential turning point in relative performance. Additionally, he touches on the risks associated with narrow leadership in the market and the impact of populist policies on inflation progress and global central banks.
Source: YAHOO