AI Boom or Bust?
There’s no doubt AI and tech stocks have been booming. However recently we’ve seen some selling and a rotation away from tech into other asset classes like real estate, small-caps, and financials. It’s a great reminder that when things in the market change, they change quickly. This episode, we go over ways to protect yourself from uncertainty.
AI will improve efficiency for many industries increasing earnings .10
Big rotation from tech to RE, small caps, financials 2:00
A reminder to be diversified because you don’t know when things change 2:25
The market finally woke up to the facts about falling inflation and the Fed cutting rates 4:30
Energy has outperformed AI for 3 years
Election year trades 6:30
The Tipping Point
What is “enough”?
Wild times in the market tend to bring out wild emotions. This week we discuss why greed is not good when building your financial independence plan, and why it’s so important to ask yourself “Can I sustain a big downturn in the market?”
Hidden Facts of Finance
Foreign born workers now account for 19.2% of the labor force, up from around 17% before the pandemic. The foreign born labor force has risen by 1.5 million since June of last year.
70% of U.S. household wealth is controlled by Americans 55 and older, up from only 50% in 1989.
The average shares for 401k plans in stocks has reached 72%, its highest level since January of 2001, when the dot com bubble was bursting.
