“With all the euphoria around artificial intelligence exposed companies, we’re also seeing some fear for the strength of the economy. This quarter saw a strong rally in utilities, in large part around the demand expectations for the growth in AI.”

Each quarter, Julie Biel, CFA, Chief Market Strategist offers her perspective on the underlying forces driving the market.  Listen to her most recent episode where Julie recaps market activity during 2Q 2024, focusing on these areas:

• Trends from the first quarter that persisted into the second quarter
• Conditions required for the market to broaden out
• Rate cuts within sight in the near future
• The importance on focusing on fundamentals to inform investing in a single sector
• AI’s impact across markets and determining what stage of the IPA model we are currently in

For more insights, read our 2Q 2024 Commentary or subscribe to Kaynecast where we provide the latest updates from the KAR Investment Team on our investment strategies.

Kaynecast is available on Apple Podcasts and Spotify.