Part 4/12:
Ives warns that markets might be overly optimistic and doubting this outlook could be a mistake. The ten-year Treasury yield reflects confidence in an eventual economic slowdown or stabilization, supporting his view of a bullish stance into year-end and into 2026. He also expressed readiness for a stock market rally, teasing the possibility of the S&P 500 reaching 7,000 points in the coming weeks, to which his colleague Einstein has already prepared a celebratory hat.
The Winners in the AI Ecosystem
Looking at individual companies, Ives identified key players poised to benefit from the AI surge:
- Microsoft: Remains a leading enterprise AI player, benefiting from its cloud services and integration with AI technologies.