Reported 1 day ago
In a recent discussion, JPMorgan Asset Management's Meera Pandit emphasized the importance of 'AI proofing' investment portfolios following the Federal Reserve's interest rate cut. Despite a growing trend in AI and its adoption, she urged investors to focus on quality and manage risk, particularly in sectors beyond technology, such as financials, which are expected to drive significant earnings growth. The dialogue reflected on the distinctions between current market conditions and the dot-com bubble, suggesting a balanced approach in investment strategies.
Source: YAHOO