) for the first time in history. BMO Wealth Management US Chief Investment Officer Yung-Yu Ma joins Morning Brief to share his insights on the market outlook.is going to come and go in waves," acknowledging the unpredictable nature of sentiment shifts in the sector. He notes that it's"difficult to predict" exactly when and what developments will influence investor sentiment.
When we look at the A I trade, it seemed to be losing a bit of steam going back to last week when you saw the reaction to Dell when we heard about some of the concerns here from sales force and the fact that hey, maybe demand isn't going to be living up to expectations here at least in the short term.And now here we are Monday morning and we're seeing that excitement return once again when it comes to the A I trade.
And the importance here in order to see more of that rotation, are you at all concerned by some of the patterns that we've been seeing?It's certainly concerning in the short term that we're seeing a relatively narrow market and that narrowness has been increasing recently and really driven by fewer stocks.We have seen at least uh recently last week as well.
So I think it's really about where we started the cycle and then how things play out and you have to take those two things together. So this date and information is going to come and go in ways and that's going to create different bouts of enthusiasm in the market.It's just a lot of uh choppiness and, and uh inflation and deflation that we have to uh deal with in the markets.Posthaste: What happened to the Canadian dollar the last time the Bank of Canada and Fed parted waysMost retirees live on a fixed income, so they look for ways to cut down on expenses and save money.
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