Unlike Internet bubble days, AI growth path is real and sustainable
Publisher |
Chuck Jaffe
Media Type |
audio
Categories Via RSS |
Business
Investing
Publication Date |
May 31, 2023
Episode Duration |
00:57:58

Michael Sansoterra, chief investment officer at Silvant Capital, says the artificial intelligence boom currently fueling a Wall Street rally is here to stay -- though he notes the stocks are not recession- or crash-proof thanks largely to real earnings and sustainable growth curves. During the Internet bubble days around the turn of the century, companies were bid up on hope and hype, but Sansoterra notes that artificial intelligence stocks -- a surprisingly small group that is growing rapidly --- have substance that should give them longevity. Also on the show, financial adviser Brian Kuderna discusses his recent book, 'What Should I Do with My Money?' and Bankrate.com's Ted Rossman discusses side hustle activity and why people keep working side jobs, what they're trying to achieve and how many hustlers think they'll be doing odd jobs forever.

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