Economy News Ai, Immigration, And Rich People Will Save The Us Economy From A Recession, Wall Street Strategist Says
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AI investments are pulling the US economy forward. Will it continue?
“AI machines—in quite a literal sense—appear to be saving the US economy right now,” George Saravelos of Deutsche Bank wrote to his clients at the end of September. “In the absence of tech-related ... Read More
Economist: AI Could Boost US Productivity As Immigration Restrictions Proliferate
Douglas Holtz-Eakin spoke about the current Administration’s tariffs, regulations and immigration policies that are influencing the U.S. economy and how AI could potentially serve as a counter to ... Read More
Wealthy Americans Are Spending. People With Less Are Struggling.
Data show a resilient economy. But that largely reflects spending by the rich, while others pull back amid high prices and a weakening labor market. Read More
3 reasons the US can't count on wealthy Americans to keep the economy going strong
Wealthy Americans may not be able to power the economy with spending as much as some people think, BCA Research says. Read More
Deutsche Bank says AI spending may be propping up the whole economy, but there are big questions about what comes next
AI capex is mainly going toward data centers and key infrastructure, but there are questions arising about what will happen when those projects are complete. Read More
America's economy is basically one big AI startup now
The US economy might be running on fumes, or, more accurately, on GPUs. According to Ruchir Sharma, a former Morgan Stanley investor turned global fund manager, America's financial health now depends ... Read More
AI boom propping up economy as some guardrails are coming off, journalist Andrew Ross Sorkin warns
Stocks on Wall Street have rallied in recent months, but author Andrew Ross Sorkin sees a crash coming. The question is: when will the bubble pop, and how much will the market slump when it does? Read More
If AI is a bubble, the economy will pop with it
LONDON, Oct 1 (Reuters) - The old truism that the stock market is not the economy risks underplaying how much today's powerful investment trends could impact the prosperity and lives of the whole ... Read More
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