The stock market continues to hold up very well in the face of some of the concerns that have developed surrounding the AI industry.
Just because “nothing has changed”…does not mean that the new issues facing the AI industry are benign. Maybe…just maybe…the industry was being priced too aggressively…so that fact that “nothing has changed” means it now needs to be re-priced to the downside.
Whatever happens in regard to Iran…won’t happen until at least next week.
