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NYSE's Reinking Weighs in on Concern Around AI Trade

NYSE's Reinking Weighs in on Concern Around AI Trade

Schwab Network · Schwab Network

February 5, 20268m 32s

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Show Notes

It's interesting that the S&P 500 Equal Weight (SPXEW) hit a new all-time high yesterday, posits Michael Reinking. He adds that concerns around AI spending and AI's impact on software as a service (SaaS) companies is weighing on market performance. Michael points to the 3Q/4Q circular financing announcements among big tech companies as one of the first signs of concern around increased capex spending. Later, he discusses other ongoing market themes such as metal commodity volatility, crypto's downturn and a "hunkering down" in risk sentiment.


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