Top related persons:
Top related locs:
Top related orgs:

Search resuls for: "Empirical Research Partners"


2 mentions found


Read previewThe US economy will keep growing and ultimately avoid a recession thanks to artificial intelligence, immigration, and rich people. "The risks are growing that the stubborn Fed gradually then suddenly puts the economy in recession," he said. "But the economy may narrowly escape the dreaded recession outcome for these three reasons." 'Immigration delivers surprising economic benefits'Americans can thank immigrants for the continued progress in battling inflation, according to Arone. Arone also notes that the increase in immigrants can have a compounding impact on the US economy overtime.
Persons: , Michael Arone, Arone Organizations: Service, State Street, Federal Reserve, Business, Fed, stoke, Research Partners
The sky-high valuations seen in tech stocks due to the promise of artificial intelligence aren't so "extreme" when looking at prior innovation cycles. "The relative forward-P/Es of today's AI leadership are still a far cry from what was seen at the peaks of past innovation waves," said managing partner Michael Goldstein in a Tuesday note." In fact, they sit close to the level reached a year before the tops." For AI, he examined holdings within the Roundhill Generative AI and Technology ETF (CHAT) , which includes Nvidia, Microsoft , Alphabet , Baidu and more. While valuations for these stocks appear "rooted in reality," Goldstein noted that a correction isn't out of the question.
Persons: Michael Goldstein, Goldstein, — CNBC's Michael Bloom Organizations: Empirical Research Partners, Nvidia, Technology, Microsoft, Baidu
Total: 2