The US S&P 500 index has risen to an all-time high. Rick Leder of BlackRock stated that he has never seen a stock market rise this easily in his lifetime.
Cabin Warsh expects that interest rates may be lowered differently from past Fed economic assessment standards by directly measuring disinflation caused by AI based on the new economic assessment criteria announced by the Fed.
Last week, SMH prices appeared to peak and start to decline, but semiconductor stock prices began to rise again this week as M7 stocks released their earnings reports.
Earnings for Google and Nvidia also improved; despite a surge in investment costs, Google's YouTube and search advertising revenues are rising, and Nvidia's stock price hit a new record high due to pre-orders for Vera Rubin GPUs skyrocketing.
Although the AI industry is expanding rapidly and the construction of AI data centers is increasing, there is still a waiting period of more than two years for completion. It is reported that 12 bills are currently pending in the U.S., as residents have proposed legislation opposing the construction of AI data centers in various states. These AI data centers are causing side effects, such as generating noise and raising electricity rates for indigenous residents.
Although AI data centers are currently under construction and in operation, the pace of construction is slow compared to actual demand, which limits the supply of services by AI companies.
In the stock market, the delays in AI data center construction may lead to misunderstandings regarding the profitability and growth potential of AI stocks.
As a long-term pension investor, if such a moment of misunderstanding arises, I will sell about 10% of my cash and bonds to purchase AI-power-related RTFs such as AIPO, MAGS, and SMH.
I am building a portfolio that remains stable even during market corrections.
I plan to make it public once it is completed.
I have experienced the collapse of the dot-com bubble in 2000, the subprime mortgage crash in 2008, and the crash caused by COVID-19 in 2022. I believe that a stable portfolio that offers peace of mind is of the utmost importance. Of course, I will also steadily accumulate MAGS, SMH, and AIPO through a satellite strategy.
Let's diligently save together for a comfortable life after retirement.