Investor Strategy: AI can’t rescue summer doldrums (Sept. 2023)


August was a difficult month for both stocks and bonds. Rising rates tightened financial conditions and sent both asset classes into the red. At one point, the S&P 500 was down nearly 6% from the July highs. August is just the second down month this year for the S&P 500, and yet again, we have AI to thank for the rescue.


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