Is Not Broke – Recession Proof Wallet

AI investment fuels a $1.1 trillion capex surge in the S&P 500, with IT returns soaring post-tariff. Meanwhile, AI transforms marketing by making high-quality ad creation affordable and narrowing the gap between big brands and small businesses.

On top of all the geopolitical headlines the money and bond markets have had to contend with of late, there has been another news story that has recently garnered its own fair share of headlines: a new Fed chair.

The economic data for April sheds light on the potential fallout from the tariff announcements, while earnings results from the mega-cap stocks offers further insights into how severe that fallout might become.

Which could present opportunity for contrarians.