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Jim Bianco: There Are Now Two Stock Markets
Have U.S. markets quietly split into two completely different markets? In this conversation with Maggie Lake, Jim Bianco, President of Bianco Research, argues that's exactly what's happening. According to Bianco, just 41 AI-related companies now account for nearly half of the S&P 500, while the other 459 stocks are increasingly moving independently. He explains why investors should think of AI and non-AI stocks as two separate markets—and why he believes the AI boom hasn't yet reached bubble territory. Bianco also explains: * Why AI is the biggest technological revolution he's ever seen * Why…
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