The AI Rally has Lost Steam. Will Markets Start Trading Based on Fundamentals?
September 06, 2023 at 16:55 PM EDT
Major Indices Decline in August Amid inflation concerns and fears that the Federal Reserve will keep interest rates higher for longer than expected, all three major US stock market indices were down in August. Broad-based emerging market equities (-6.1%) were among the worst performers, followed by US small-caps (-4.2%) and international developed equities (-3.8%). Aside [...] The post The AI Rally has Lost Steam. Will Markets Start Trading Based on Fundamentals? appeared first on ETF Trends .
