Economic dataStock market
Lovell Sees Earnings Growth Beyond AI
Nadia Lovell, UBS Global Wealth Management’s head of global equity strategy, said markets may remain volatile over the coming weeks amid earnings, next week’s Federal Reserve meeting, midterm-election uncertainty and the Middle East conflict’s impact on energy and oil prices. Despite risks around financing the AI buildout, she said economic growth and demand remain strong, with much of the investment led by high-quality hyperscalers. Lovell said investors should not abandon the AI trade, but should become more selective. (Source: Bloomberg)
Read the full story at Bloomberg PoliticsOpen in the live monitor