Yonhap Infomax NewsJosh Brown, CEO of Ritholtz Wealth Management, highlighted that AI investment themes and US consumer spending are the two key drivers of the current stock market, both remaining robust despite weaker-than-expected May retail sales; the S&P 500 has recovered its April losses and is up 2% year-to-date.
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https://en.infomaxai.com/news/articleView.html?idxno=68063
#YonhapInfomax #RitholtzWealthManagement #AIDrivenMarket #USConsumerSpending #SP500 #RetailSalesDecline #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=68063
Resalts CEO - 'AI and US Consumer Spending Are the Two Pillars Driving Markets'
Josh Brown, CEO of Ritholtz Wealth Management, highlighted that AI investment themes and US consumer spending are the two key drivers of the current stock market, both remaining robust despite weaker-than-expected May retail sales; the S&P 500 has recovered its April losses and is up 2% year-to-date.