A Sugar AI High Shrugs Off Bad Market News -- Peter’s Market Rap For Week Ending 1.12.24
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A Sugar AI High Shrugs Off Bad Market News
It seems like nothing can stop the current upward movement of the S&P 500, not even bad news on the inflation, unemployment, and geopolitical fronts as the market finished slightly up for the week. I continue to believe that it is the secular bullish trend for artificial intelligence in particular and tech in general that is disguising what is otherwise growing rot in the rest of the American economy.
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A Sugar AI High Shrugs Off Bad Market News -- Peter’s Market Rap For Week Ending 1.12.24