It is customary on Wall Street to say that, in the long run, pessimistic investors appear to be the “smarter” ones, but in reality, it is the optimistic ones who make the money.
In the last month, the American market has confirmed this narrative with positive performances, despite most analysts preaching caution. While the Eurozone’s GDP confirmed a “technical recession”, the stock markets are rewarding the growth sector, tech stocks and artificial intelligence in particular, issues notoriously more sensitive to monetary policy decisions.
What opportunities and risks will AI technology bring to the markets?
They explain it in the video, Lorenzo Fuscà Head of Wealth Management and Emanuele Fino Investment Advisory of Banca Profilo.