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Relative individual equity performance is downrating potential AI benefits, Bob Elliott notes

Relative individual equity performance is downrating potential AI benefits, Bob Elliott notes
Equity performance limits AI benefits outlook

Bob Elliott, who is co-founder and CIO at Unlimited, stated that relative individual equity performance is meaningfully downrating the benefits of artificial intelligence going forward.

Elliott has previously cautioned that market optimism about artificial intelligence is built on expectations of rapid growth, while actual spending is leveling off, according to a recent piece by Unlimited’s CIO (link). In an earlier note, he described the latest U.S. bond yield increases as consistent with market data and anticipated tightening (link). These comments follow his ongoing assessments of trends in both equities and fixed income.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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