The Fed's new AI task force is out, with big names like Andreessen on board. The core question they're looking at is whether AI will help lower inflation or add to it. Williams has already pointed to rising power and chip costs. Meanwhile, $Invesco QQQ(QQQ)$ , $SPDR S&P 500 ETF Trust(SPY)$ , SPX, and $iShares Russell 2000 ETF(IWM)$ are all sitting right on their stacked moving averages, with the uptrend still intact.
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