The Impact of the AI Rally on the Market

The market from 35, 77, October of last year to now 4300, that's up 20%. It's not just up 11 and a half percent. What we've done here today, it's 20%. We haven't had the recession. Inflation is coming down. The Fed's unlikely to raise. Earnings were not as bad as expected. And I think warranted, not just because of AI, but also because they had such bad years last year. But last week, every sector in the S&P was positive. That is the first time we've seen that since March. Well, and the jury though is still out, J.C. Snipe, as to