Search
On September 14, investment management firm Payden & Rygel published a report, highlighting that the spike in oil prices emerged as one of the key drivers behind the rise in U.S. Treasury yields last week. Furthermore, despite encountering multiple shocks, the U.S. economy has showcased remarkable resilience in its growth trajectory. This resilience is primarily propelled by the ongoing capital expenditures in artificial intelligence (AI) by mega-cap corporations. The report forecasts that by 2026, the total spending within the technology sector could surpass $800 billion. Although investors harbor doubts regarding the long-term sustainability of growth fueled by capital expenditures, Payden & Rygel emphasized that such apprehensions have lingered for three years running.
-
C114 Communication Network -
Communication Home
