全球股票策略：市场更新，担忧之墙，人工智能板块-Global Equity Strategy_ Market Update, Wall of Worry, the AI Sector

Dubravko Lakos-Bujas AC Despite the Wall of Worry, US companies have delivered healthy earnings growth supported by rapid AI adoption, robust investment spending, resilient consumers, and a weaker dollar. The OBBBA's frontloading of spending should help offset some of the growth headwinds tied to tariffs and immigration, see OBBBA Equity Implications & Key Trades Report. However, after the best S&P 500 performance (post a non-recessionary major market correction) in roughly two decades, elevated positioning ...