Economic Overview - Inflation has decreased to 2.4% in January, driven by lower gas and used vehicle prices [1] - Positive employment data was reported, alleviating concerns about the job market [2][3] Stock Market Insights - There is a noticeable rotation from big tech stocks to value stocks, which appears to be a genuine trend rather than a temporary shift [4][5] - Smaller value stocks are beginning to leverage AI to enhance productivity and profit margins [6] AI Impact - The rapid evolution of AI is causing significant market disruptions, affecting various sectors [7][8] - Concerns about cybersecurity are heightened due to the increasing reliance on AI, with potential risks to the financial system [8][9] Federal Reserve and Interest Rates - Predictions regarding interest rate cuts are uncertain, with the next Federal Reserve meeting not scheduled until June [10] - There is a belief that the Fed funds rate should be in the low 3% range, suggesting potential for two more cuts [11][12]