AI Stocks in Focus in BlackRock’s 2024 Mid-Year Outlook

Wei Li, global chief investment strategist at BlackRock, discusses the firm’s mid-year report and their view on artificial intelligence-related stocks and Japanese markets.
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[@leoma-l7r]

I'm 54 and my wife and I are VERY worried about our future, gas and food prices rising daily. We have had our savings dwindle with the cost of living into the stratosphere, and we are finding it impossible to replace them. We can get by, but can't seem to get ahead. My condolences to anyone retiring in this crisis, 30 years nonstop just for a crooked system to take all you worked for...

[@ElijahOliver-t9u]

I feel your pain mate, as a fellow retiree, I’d suggest you look into passive index fund investing and learn some more. For me, I had my share of ups and downs when I first started looking for a consistent passive income so I hired an expert advisor for aid, and following her advice, I poured $30k in value stocks and digital assets, Up to 200k so far and pretty sure I'm ready for whatever comes.

[@leoma-l7r]

@@ElijahOliver-t9u That's actually quite impressive, I could use some Info on your FA, I am looking to make a change on my finances this year as well

[@ElijahOliver-t9u]

@@leoma-l7r My advisor is Victoria Carmen Santaella

[@ElijahOliver-t9u]

You can look her up online

[@LukeSamuel89]

@@ElijahOliver-t9u The crazy part is that those advisors are probably outperforming the market and raising good returns but some are charging fees over fees that drain your portfolio. Is this the case with yours too?

[@RyanWeaver-fp5kq]

Of course markets matter… the densities and connections of beginning, thinking, feeling, growing… systems and feedback loops and adoption spectrums while seeing the impacts and the very very real needs of authentic community connections. While… keeping a family safe and growing into and better…

[@warningsigns4526]

LI: Bloodline family -

[@williampope3503]

Let's be honest, markets are irrational in pockets such as this hype around AI - money follows the most convincing narrative, leading to massively ambitious and precarious valuations. AI will probably drive efficiency and productivity in many areas, but those uses are fairly nascent and do not justify valuations in the tech space. It's also extremely energy intensive, and really shouldn't be used for jobs people can already do.

[@minionmememindset7889]

WEI LI WEI LI WEI LI

[@jan_darysh]

AI is growing faster than you can imagine. Twenty-four years ago. AI has human or superhuman intelligence. They are intentionally slowing down the economy. It was already completed twenty-four years ago.

[@warningsigns4526]

many bubbles around the neck

[@randomdude7384]

AI doesn't have the magnitude "comparable to the Industrial Revolution."
No need to exaggerate.

[@jan_darysh]

Americans should invest in South Korea rather than Japan, a country that has ended. The US government is already investing in semiconductor manufacturing.

[@AtomicCodeX]

l

[@evanmastermind]

Ai has no value. Bigger bubble than 1999.

[@jw999]

Blackrock must be running out of talent... Just like this country...

[@gregoryswanepoel6328]

Can anyone understand this woman?

[@juicebox2159]

Open your ears you racist piece of sh*

[@randomdude7384]

Absolutely.

[@warningsigns4526]

the necklace has got to go- looks like she is playing "dress up"