- Equity Eats
- Posts
- Is AI The New Dotcom? 🤖
Is AI The New Dotcom? 🤖
Did you know that during the Great Depression, one of the few sectors that thrived was the entertainment industry, as people sought affordable escapism through movies and music?
Did you know that during the Great Depression, one of the few sectors that thrived was the entertainment industry, as people sought affordable escapism through movies and music?
Even in those dark times, people found a glimmer of hope, and eventually those dark times were over, and that is an encouraging thought.
Here’s what we have for you:
Will It Be A Cruel Summer For Stocks? First, we’ll discover why the common fears about an impending recession and overvalued stocks might be overblown ⛈️
What To Expect In 2H 2024: Next, we’ll explore the potential for a broadening stock market rally in the second half of the year 📅
Nothing Is Random: Finally, we’ll ponder this thought-provoking piece of wisdom ✨
Stay informed and make the most of your investing with our expert insights and market predictions. Happy trading!
Will It Be A Cruel Summer For Stocks? ⛈️
The financial press and many professional investors argue that it’s time to move into cash or bonds.
They say that stocks are expensive, the rally has been narrow, and there are signs that the economy is about to tip over into a recession.
One problem with these arguments is that they have been made continuously since late in 2021, and it’s been completely wrong.
Another problem with the argument about the rally is that it assumes that the AI sector is in bubble territory, similar to what transpired in 2000/2001.
But companies in generative AI are delivering blockbuster earnings, which is entirely different from the dotcom bubble when most companies were not delivering any earnings, just the hope of future earnings.
Perhaps the stock market will take a breather, but the medium-term outlook remains favorable ✔️
What To Expect In 2H 2024 📅
Many stock market skeptics argue that the S&P 500 will roll over soon.
They argue that the rally has been led by tech, and both value stocks and economically sensitive stocks have shown disappointing performance.
But there is another alternative 😏
Last year, the bears made a similar argument, and instead of rolling over, the stock market rallied, broadened and became more inclusive.
As the Fed begins a rate cutting cycle, perhaps starting in September, a broadening of the stock market rally is the better bet.
💰 Your New Income Generator 💰
Get an exclusive sneak peek into this secret income generator - Right In Your Pocket
1. Blow Away The Competition: Use this little-known stock market loophole to make $500-$1,000 DAILY.
2. Streamlined Trading System: This 5-step system is so easy to learn that anyone from college dropouts to 80-year-old grandmas can get started with it.
3. No Experience Or Equipment Needed: All you need is your phone or laptop, an internet connection, and 1-2 hours a day, and you’ll be ready to get going.
If you’d like to know more, sign up now for a free training that shows you exactly how you can get started.
Nothing Is Random ✨
Every detail of your life has meaning.
You are exactly where you need to be.
Your mission in life is right now.
Elevate this moment.
Make this current situation better because you are there 🙏
Inner Circle Global Macro Update 🔍
If you wish to gain access to our Inner Circle Global Macro Update, packed with exclusive insights from award-winning portfolio manager and economist Seth Antiles, with secrets that’ll give you an edge in the stock market, be sure to upgrade by clicking the button below 👇️