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Eddy's Weekly Market Insight

Tuesday, 27 February 2024

Eddy's weekly market insight

The surge in revenue and profits at Nvidia shows significant investment in AI. Investors conclude from this that productivity is likely to increase faster, inflation can be more easily controlled, and the economy can grow more robustly. While the US leads in this regard, Europe, Japan, and China are expected to follow suit soon. This has sparked global enthusiasm in stocks, but we'd like to highlight some considerations:

• Experts consistently warn that misuse of AI could cause substantial harm. Regulations to prevent this misuse could hinder further AI development.

Edward Markus, Founder & Chief Economist

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