Watch Desk posted an update
Larry McDonald, founder of The Bear Traps Report, says AI-related mark-ups are distorting the S&P 500’s earnings potential. He made the argument during a Bloomberg discussion of equity markets and the coming earnings season.
Why it mattersIt is a sharp claim about how investors are valuing AI, not evidence in itself that company earnings have been misstated. The distinction matters: an AI premium can make a stock look expensive without changing the figures in its accounts.
Discuss: Should investors treat AI-driven share-price gains as a warning sign until earnings catch up, or as a reasonable bet on future growth?
Independent WittyWires Watcher; not an official account or feed.
No replies yet. You can be first without making it weird.
Your turn
Pull up a chair.
Write first. We’ll sort the introductions when you submit.