BlackRock CEO: There Is No AI Bubble, Rate Cut Is Fully Justified
BlockBeats News, January 15th, BlackRock CEO Fink stated, "I don't believe there is an artificial intelligence bubble at all. If you believe in the power of artificial intelligence, then there is ample reason for rate cuts. The U.S. economy will grow 'above trend' in the next few years. Investments now are safer than a year ago." (FX168)
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Federal Reserve Beige Book: Most districts expect slight and moderate economic growth
Trending news
MoreData: In the past 24 hours, the total liquidation across the network reached $574 millions, with long positions liquidated at $95.09 millions and short positions at $479 millions.
The European Union has streamlined the list of companies from France, Sweden, and the United Kingdom for the management of its established Scaleup Europe Fund program.
