Podcast of the month

Will artificial intelligence lead to widespread job loss or unleash economic growth and productivity? Join FEG's CIO Greg Dowling and Greg Bond, CEO of Man Numeric as they delve into the evolution of artificial intelligence from expert systems to machine learning and deep learning, and discover its transformative power in reshaping industries. 

 Tune in by clicking the play button above or link below

Charts that matter

A Check in on Valuations

The Magnificent Seven stocks, comprised of Microsoft, Apple, Amazon, Telsa, Nvidia, Meta and Alphabet, drove a majority of returns in the S&P 500 Index last year, raising concerns from some investors. However, these are also some of the most profitable and cash flow rich companies in the world. And while their valuations are elevated relative to the remaining stocks in the S&P 500, they're still well below prior peaks. In fact, as shown in the chart of the week below, they are currently trading near their average price-to-earnings ratio since 2015.  

 
 

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