Vanguard: High Probability of US Exceptionalism Ending
The transformative impact of AI is still yet to be fully realized, but if it is as positive as forecast, the productivity gains could help tame inflation and support growth says Joseph Davis, Global Chief Economist and Global Head of the Investment Strategy Group at Vanguard, as well as author of 'Coming into View: How AI and Other Megatrends Will Shape Your Investments'. These positive impacts will be felt across the globe, weakening the case for US exceptionalism as new investment opportunities arise elsewhere. Davis spoke to Francine Lacqua on 'Bloomberg: The Pulse'. (Source: Bloomberg)
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