The post Moody’s Analytics’ Mark Zandi: Biggest risk to economy is correction in stocks focused on AI appeared first on StartupHub.ai.

Zandi delineated two primary channels through which the AI phenomenon is currently fueling economic expansion. Firstly, he underscored the “wealth effects generated by the surge in equity prices,” explaining that this newfound affluence translates directly into increased consumer spending. The aggregate valuation of publicly traded stock has surged by an impressive $10-11 trillion over the […]

The post Moody’s Analytics’ Mark Zandi: Biggest risk to economy is correction in stocks focused on AI appeared first on StartupHub.ai.