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Goldman Sachs says widespread adoption of AI puts S&P500 fair value up to 14% higher

Goldman Sachs says widespread adoption of AI puts S&P500 fair value up to 14% higher
A snippet from Goldman Sachs on artificial intelligence. we assume that widespread AI adoption boosts productivity growth by 1.5% per year over a 10-year periodGS argues that such a scenario means:S&P 500 fair value would be 9% higher than today, holding all else equalas large as +14%ps. The GS note was before Wednesday's meltdown in NQ and milder fall for the ES: This article was written by Eamonn Sheridan at www.forexlive.com... Read More
Posted: Jun 7 2023, 22:39
Author Name: forexlive
Views: 102485

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