by Bret Wilson | Feb 8, 2023 | What's On My Mind
If you haven’t heard, Chat GPT is suddenly the most talked about innovation in the world of artificial intelligence (AI). This AI platform can, with some simple instructions, can generate “coherent, fluent text that feels human-generated”. My son, Reese, demonstrated...
by Bret Wilson | Feb 1, 2023 | Market Commentary
January Excitement January turned out to be one of the best months the stock market has seen since 2019, and the first day of February wasn’t too bad, either. When you consider that the Federal Reserve’s board members met today and voted to raise short-term interest...
by Bret Wilson | Dec 15, 2022 | Market Commentary
Federal Reserve December Meeting As expected, The Federal Reserve raised short-term interest rates Wednesday by 0.50%, which brings the rate to around 4.5%. In the statement accompanying the move, Federal Reserve Chairman Jerome Powell’s use of the phrase “ongoing...
by Bret Wilson | Nov 15, 2022 | Market Commentary
Has Inflation Peaked? Last week’s surprisingly positive Consumer Price Index (CPI) number created an upward surge in the market on Thursday and Friday. The October CPI was released, and the core rate of inflation at the consumer level rose by 0.3%, which beat the...
by Bret Wilson | Nov 1, 2022 | Market Commentary
Current Conditions All eyes are still on the Federal Reserve right now. The expectation for the November meeting this week is that the Federal Reserve will raise interest rates 75 basis points. A month ago, the Fed clearly sent the message that they would do whatever...
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