There's no doubt that artificial intelligence (AI) stocks are hot right now. Interest in AI has spiked since the launch of OpenAI's ChatGPT last November, and AI has become the latest buzzword finding its way into every tech CEO's mouth. Read More...
Benzinga
JPMorgan’s Bob Michele Issues Dire Warning On Rally Of Risk Assets, Says Recession Is Inevitable
Bob Michele, the chief investment officer of JPMorgan Asset Management, has warned of an economic downturn, saying that markets are headed for a rally before an inevitable slowdown. In an interview with Bloomberg on Friday, Michele says risk assets will rise in the next quarter as they did during the Great Recession. “In the next quarter, we could see risk assets rally. You could have a feel-good period, and then the reality catches up,” Michele said. “If we’ve been taught anything this month, y
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