AI outperforms humans in financial analysis, but its true value lies in improving investor behavior
The next generation of robo-advisers might veer into the world of short-term trading and stock-picking. A recent study by researchers from the University of Chicago has shown that AI, specifically large language models that have been trained on vast amounts of text and can generate natural-sounding responses, can analyze financial statements as well as, if
A rising dollar spells trouble for investors
So why is the dollar so strong today? Three reasons. First, the US economy is on fire. It has shrugged off the last two years’ rising interest rates, creating new jobs, increasing wages and keeping a lid on unemployment. Money follows growth. The second reason is those interest rates, which are showing no signs of