Fidelity’s Jurrien Timmer writes today:
A market priced for success loses some momentum
Despite the fact that the S&P 500 ended the week more or less unchanged, as usual, there was a lot going on. The more speculative elements of the market have lost significant momentum, even as investors clearly welcome the right outcome of the AI-driven productivity boom. Bitcoin is back below $100k while gold is above $4k.
Post-timer: How high is the height? It first appeared on The Loadstar.
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