| For Investors, The Future Is Now By John Persinos One of my favorite thinkers, the late Alvin Toffler, once wrote: “No serious futurist deals in prediction. These are left for television oracles and newspaper astrologers.” Likewise, no serious investment advisor should pretend to know the future with certainty. We can, however, identify continuing patterns of change. As the blow-out second quarter operating results of chipmaker Nvidia (NSDQ: NVDA) showed on Wednesday, artificial intelligence (AI) isn’t simply a “fear of missing out” fad. And it’s not about the future…it’s about today. Investors nervously await Federal Reserve Chair Jerome Powell’s next press conference, scheduled for Friday at the central bank’s annual economic summit in Jackson Hole, Wyoming. If Powell makes hawkish remarks, the jittery stock market could nosedive. But at this stage in the equity rally of 2023, you should view bouts of volatility as buying opportunities. Market dips put quality stocks on the bargain shelf. That’s especially true of the technology giants that are making long-term investments in AI, machine learning, fifth-generation (5G) wireless, the cloud, electric vehicles (EVs), and the Internet of Things (IoT). Regardless of the ups and downs of the news cycle, long-term bullish conditions remain in place. An undercurrent of pessimism has emerged in recent days, due to elevated interest rates and China’s stumbles, but S&P 500 corporate earnings and the U.S. economy continue to surprise on the upside. Read More... | 