Posted December 11, 2024
By Today's Tech FWD
When AI Crashes Wall St.
James Altucher and Jim Rickards:
Will AI Destroy the World?
In the latest episode of The James Altucher Show, James Altucher welcomes back bestselling author Jim Rickards to discuss AI – the subject of his latest book, Money GPT.
Jim delves into the transformative power of AI, highlighting both its immense benefits and the potential risks it poses, particularly to the global economy and financial markets.
Drawing on his experience building AI models for the CIA, Jim explains how AI is reshaping industries and warns of its unintended consequences.
The conversation spans the accelerating role of AI in finance, its vulnerabilities, and its parallels with nuclear decision-making processes.
Whether you're optimistic or cautious about AI, this episode will challenge your perspective with fresh insights and historical context.
Davis Wilson:
My #1 Risk to Stocks (Includes Tesla)
It’s important to know that every investor – long term, short term, or day trader – has different goals and time horizons. And all three of these investor types operate daily in the stock market.
What I want to warn you about is when too many investors rush to the day trader investor type. This is how the dot-com bubble began – when the makeup of investors shifted more in favor of short-term traders vs. long-term investors.
These short-term traders took control of stock prices, and the process then began to feed on itself as traders pushed up short-term returns which tempted more traders to pile on until the bubble burst, wiping out over $6 trillion of household wealth.
I mention this because today, once again there seems to be a subset of companies whose stock prices are controlled by short-term traders.
Greg Guenthner:
This One Stock Can Keep You Ahead of a Cooling Melt-Up
This market melt-up is all about high-octane speculation. Bitcoin, meme coins, and forgotten growth names like Docusign (DOCU) are stealing the spotlight – and rightly so.
With Bitcoin soaring past $100K, DOGE surging, and the S&P 500 flirting with uncharted highs, it’s no wonder assets outside of cryptocurrencies and AI are being overlooked.
But these trends won’t stay red-hot forever. Now is the time to position ourselves, so we’re ready when the tides inevitably shift.
Volatility is tightening. Riskier commodity plays are pushing into record territory. And elsewhere in the market, under-the-radar opportunities are starting to shine…
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Today’s Tech FWD compiles all the best trading tips and market insights straight from our panel of distinguished analysts, including James Altucher, Ray Blanco, Chris Campbell, Greg Guenthner, Zach Scheidt and more.
Inside each issue, you'll find perspectives from our experts about speculative ways to trade, tech trends, crypto news and the latest AI opportunities so YOU can profit while the rest of the market is left behind.