Steve Cohen Bullish on AI Investing, Sees Rate Cuts Ahead But Limited Election Impact
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Steve Cohen believes the financial market is not in an AI bubble and has room to run. He sees AI as a durable investing theme with big winners and losers.
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Cohen agrees with projections of 3 Fed rate cuts this year. He believes bringing inflation down to 2% will be challenging.
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Cohen thinks the presidential election may impact markets somewhat but he doesn't foresee a major difference either way.
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Cohen believes Trump currently has an edge in the presidential race but notes it is still early.
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Cohen sees semiconductor companies like Nvidia, AMD and Taiwan Semiconductor as potential winners from the AI trend but notes some winners may be unknown newer companies.