AI Trade is Very Early: Dudley

In a recent interview with Bloomberg, Katrina Dudley, Senior Investment Strategist at Franklin Templeton Public Markets, emphasized that the AI trade is still very early, suggesting that investors may need to exercise caution in this emerging market. Additionally, she expressed her belief that the Federal Reserve is unlikely to cut interest rates in December, which could have significant implications for market dynamics and investor strategies. Dudley's insights reflect a broader conversation about the current state of the markets, particularly in relation to technological advancements and monetary policy, highlighting the importance of staying informed in a rapidly changing economic landscape.