I called it <\/p>\n
The market is experiencing an inevitable pullback. <\/p>\n
This comes after one of the strongest six-month rallies in the S&P 500 within the last 30 years. <\/p>\n
Like I said last week, this pullback is due to a combination of geopolitical concerns in the Middle East, and fears that the Federal Reserve will take longer than expected to cut interest rates, thanks to inflation. <\/p>\n
But think of this as a bull market correction, rather than a world-ending market event. <\/p>\n
Im looking at the longer-term investing opportunities of artificial intelligence (AI), cryptocurrency, biotech and other massive mega trends that will bring us higher returns by the end of this decade. <\/p>\n
So today, Amber and I are taking a closer look at the tech markets potential impact on the U.S. economy, an update on bitcoin (BTC) after its fourth halving and the biggest highlights from the eMerge Tech Expo, a conference I attended on Friday. <\/p>\n
This expo not only showcased some of the most cutting-edge developments for ChatGPT and robotics <\/p>\n
But also one of the biggest promises of AI, and its impact on the workforce <\/p>\n
(Or read the transcript here.) <\/p>\n
By the way <\/p>\n
If youre interested in investing in artificial intelligence (AI), but you dont know where to start, subscribers of my Strategic Fortunes service have invested in my No. 1 AI stock for 2024. <\/p>\n
Its a California-based chipmaking juggernaut that develops computer processors and related technologies for both businesses and consumer markets. <\/p>\n
Its production of AI applications (and other parts of its business) has put this company at the center of some of the most innovative technologies being developed today. <\/p>\n
Go here to learn more about this company. <\/p>\n
Until next time, <\/p>\n<\/p>\n
Ian King Editor,Strategic Fortunes <\/p>\n
<\/p>\n
Originally posted here:<\/p>\n
Artificial Intelligence (AI)'s Biggest Impact on the U.S. Economy - Banyan Hill Publishing<\/a><\/p>\n","protected":false},"excerpt":{"rendered":" I called it The market is experiencing an inevitable pullback. This comes after one of the strongest six-month rallies in the S&P 500 within the last 30 years Continue reading