HomeLifestyleRetailA.I. & Weight-Loss Drugs: New Favorite Market Themes

A.I. & Weight-Loss Drugs: New Favorite Market Themes

We are short-term bullish, but longer-term bearish, notes Dan Niles. He discusses the biggest factors weighing on the market. He talks about how for this 3Q earnings season beware the dollar, oil, and A.I. He highlights that it’s encouraging to see a slight gain over the past week despite a plethora of negatives. He then goes over three bears in 2024 including student loan repayments, rise in oil prices, and “longer for higher” inflation. His new favorite themes are A.I. and weight-loss drugs. Tune in to find out more about the stock market today.

Market On Close

16 Oct 2023

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