AI is so big, it's now impossible for investors to avoid
Exposure to the artificial-intelligence boom has become virtually impossible for investors to avoid. The theme hasn't just cornered the stock market. It has systematically swallowed up corporate credit and venture capital, too.
For decades, the golden rule of investing was simple: Put 60% of your money into stocks for strong returns and 40% into bonds for safety. But according to Torsten Slok, chief economist at Apollo, that classic framework is officially dead.
"The new 60-40 is AI vs. non-AI," Slok wrote in a slide deck shared with MarketWatch.
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Exposure to the artificial-intelligence boom has become virtually impossible for investors to avoid. The theme hasn't just cornered the stock market.
It has systematically swallowed up corporate credit and venture capital, too.
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