Billions of dollars are being invested by Wall Street in bets related to the inflation era, driven by an obsession with artificial intelligence.
The investments are focused on opportunities that resemble those from past periods of inflation.
Further details on these investments and the AI-driven strategy behind them can be found on Bloomberg.com, which has reported on this trend of pouring billions into inflation-era bets.
The Federal Reserve appears increasingly likely to hike interest rates next week, as inflation remains stubbornly elevated amid the war with Iran. New data out Friday showed annual inflation remained unchanged in August, still well above the central bank’s target 2 percent rate. ...