santacruztodd
$FPS $NBIS the only silver lining that I see is that AI demand is going to be strong, regardless of the economy imho. Treasury yields have spike today with nearly certain additional fed hikes on the slate going forward. The last time the 10 year was this high was 20 years ago, which roughly coincided with the great recession eginning in 2007/2008. Iranian war spending, hig gas prices and sticky high food prices. If I had to take two steps back, I would say that the economy is heading for a cliff. That being said, there are always sectors that do well in down markets, but they are few and far between and one of them so happens to be AI. Politicians no longer serving the people that elected them, fraud rampant –biblically, it seems like a similar situation right before God unleashed the flood. Any publicly traded companies that sell arks? When the average person can’t buy gas, food or afford the rent, you are going to have some real problems. Be safe and played it safe.
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