Travis Hoium
๐ค SpeakerAppearances Over Time
Podcast Appearances
Yeah, it does seem like there's multiple pieces of the market, too.
We talked about that a little bit, like energy is doing very well.
But if you just look at, you know, certain segments, we went through this in 2022 as well.
There were certain segments down 70, 80, 90 percent.
And then you look at the market overall and it was like, you know, it was a down year, but it wasn't the end of the world.
We didn't actually end up in a recession.
The other thing that I wanted to note, too, is even going back to the Great Depression, these recessions, market corrections, any sort of downturn you want to talk about, they seem to be shorter than every single time we go through them.
The Great Depression was a decade.
You know, even dot-com was two years.
COVID was like five minutes.
And so it may be the case again this time.
When we come back, we're going to get an update on the AI trade.
You're listening to Motley Fool Money.
Welcome back to Motley Fool Money.
The question I have this week is, has the AI trade lost its legs?
Andy, we've got some big moves in some of the AI players over the past few years, and this is what's really driven a lot of the market.
Even GDP growth has been driven by AI investment.
So Microsoft down 24% this year, Tesla down 17%, Nvidia is down 8%, Oracle down 27%.
Some of these stocks are really taking it on the chin despite some phenomenal numbers.
So what is going on with this AI trade?