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Research from Goldman Sachs shows just 15 companies accounted for more than 90% of the returns of the S&P 500 from January to June 2023. Expectations are high, yet AI has yet to contribute significantly to earnings for these companies. It certainly has the hallmarks of some previous bubbles. ....
The stock market is down by more than half since its 2021 peak; one in five young adults are unemployed; and the country is experiencing deflation. ....
The stock market is down by more than half since its 2021 peak; one in five young adults are unemployed; and the country is experiencing deflation. ....