Investors are doing just as well this year by shunning AI. How to invest if the tech trade keeps fizzling
This year has seen a notable divergence in investor returns as the S&P 500 ex-AI index briefly outperformed the standard S&P 500 benchmark. With both indices now tied at around 12% returns, this trend highlights a burgeoning skepticism surrounding the tech sector, particularly AI stocks. Against this backdrop, traditional sectors appear to be regaining attractiveness, prompting investors to reassess their allocations. This shift is significant as it may influence currency flows, particularly affecting the strength of the USD against others as market sentiment around economic resilience evolves.