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One Reason The Market Is Booming - AI
What is the 1st thing that corporations do when having trouble making the bottom line? They fire people, the market loves it when people get fired.
AI is going to eliminate millions of jobs.
Also, I have seen articles that predict the Fed will lower interest rates by 0.75% this year, the market loves that.
The poor unwashed Americans may have a long row to hoe.
The market loves crony capitalism, maybe it will boom even during a recession?