#090 Jens Nordvig On How AI Is Changing Investing Forever

Jens Nordvig, founder and CEO of Exante Data, joins Julia La Roche on episode 90 to share his macro outlook, his views on the U.S. dollar, and his latest venture — Market Reader — a startup providing real-time explanations of market movement for investors and advisors.

Links

Twitter: https://twitter.com/jnordvig

Substack: https://moneyinsideout.exantedata.com/

Market Reader: https://marketreader.com/

Exante Data: https://www.exantedata.com/

0:00 Intro

0:55 Macro picture

1:57 A turning point in inflation

4:10 Evidence of an inflection point

7:35 Market

8:30 Don’t see evidence of a dramatic tip in the economy

10:00 Housing not crashing

12:40 A brief history of dollar hatred

19:00 Impact of weakening dollar on investments

20:25 Artificial Intelligence and building Market Reader

24:33 Started Market Reader pre ChatGPT

26:55 AI and the macro outlook

28:48 Two trends that are worrisome

31:40 Will Fed policy have to consider AI?

33:43 No cuts any time soon

35:13 Positives of AI for a researcher

37:50 Impact of AI on certain finance jobs

42:00 Founding a startup

45:00 Market Reader examples

48:49 How Market Reader has helped Jens' productivity

51:20 Study

52:52 Parting thoughts