Midterms Can Delay ~6% Of AI CapEx At Most: QQQ Is Now A Defensive Index

Original excerpt

Thursday's tech selloff priced Democratic midterm wins as a threat to the AI buildout, but I think it reflects sentiment more than fundamentals. A Democratic Congress facing a Republican president cannot pass a federal data center ban, and this setup has historically been bullish

Institutional FX coverage in your inbox

Midterms Can Delay ~6% Of AI CapEx At Most: QQQ Is Now A Defensive Index

Sources & References

Primary source