Tom Essaye Quoted in Barron’s discussing AI Anxiety
The report is nothing new for a market that has been gripped with AI anxiety
The Dow Falls 800 Points. Wall Street Is Worried AI Could Be Bad for Financial and Discretionary Stocks, Too.
Sevens Report Research’s Tom Essaye told Barron’s that the report is nothing new for a market that has been gripped with AI anxiety in recent weeks.
“Importantly, I don’t think anything new has occurred that is negative,” Essaye says. “It just seems to be the market focusing on the same narrative from two weeks ago. So while that’s not gonna make a difference today – nothing new and bad has occurred.”
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