With the inclusion of generative AI, educators, business professionals, and many other industries will benefit from increased technical automation capabilities. Educators in training would see a 260% increase in potential for their training to see benefits from generative AI

Today we recognize Indigenous People’s Day in honoring and celebrating the importance of Indigenous people and culture. #IndigenousPeoplesDay

Bond ETFs have been growing substantially, but still represent only 1% of the global bond market of $206 trillion. ETFs still have plenty of room to grow as the investment vehicle of choice for investors. #ETFs #investing #bonds

“Market timing historically has shown to be difficult to earn consistent outperformance, especially in the long term,” Will Cai in conversation with Decrypt about market timing in crypto. bit.ly/46o0q9u

In the past 20 years, the market cap of global equity has almost tripled in size, reaching $109 trillion in 2023. Money supply growth and low interest rates likely have fueled this significant growth.

Communication Services has been the standout sector in 2023, with gains of 41% YTD fueled by $META which has seen growth of over 153% and substantial returns from firms like GOOG and NFLX. Technology also stands strong with a 37% gain YTD.

September CPI held at 3.7% YoY, still significantly above the Fed’s 2% target. This may encourage the Fed to raise rates once again, but many market participants believe the reading is not enough to warrant more rate raises. CME’s fed fund futures pricing data currently shows an

The top 11 countries reached a figure of $12.8tn in total merchandise exported in 2022, a number that eclipses the rest of the world’s combined output. China is the clear leader in individual exports with $3.6tn, far ahead of the second place U.S. which exported $2.1tn.

EY’s Emerging Tech at Work 2023 survey revealed that over 80% of employees may be familiar with VR/AR tech and cloud/serverless computing, but less than 40% know about quantum and edge computing. #tech #business

Many organizations appear to not be addressing the risks of generative AI according to a survey by McKinsey on the state of AI. Inaccuracy and cybersecurity risks may be the most prevalent as many firms have identified these issues as risks but are not actively working to reduce

There will be 113 million people joining the global middle class in 2024 according to a projection by World Data Lab. Of all the new consumers, 57% will come from China and India. More consumers may help drive the global economy as developing regions gain more purchasing power.

Take a look at our original commentary! From stablecoin analysis to the evaluation of monetary policy, the Wilshire Phoenix team keeps you informed with important discussion topics, including digital assets and overall markets. wilshirephoenix.com/commentary/

The investment management industry is more pessimistic in 2023 than years prior. According to Deloitte Center for Financial Services 2024 investment management outlook survey, 33% of respondents predicted their institution’s revenue prospects were “significantly worse” for the

The efficiency ratio of banks has been improving globally over the last few years but Deloitte analysts predict it could worsen in 2024. Cost discipline may become a differentiator for banks looking to get a competitive edge over each other.

The ratio of the 10-year yield to the 2-year yield curves in U.S. Treasurys has been inverted since 2022. This has historically been a recession indicator. The New York Fed’s model now has a recession at 56% probability in 2024.

Macao SAR and Guyana are projected to grow in excess of 25% in 2024 according to an IMF projection. The Asia Pacific and Sub-Saharan Africa regions are expected to see significant growth, with these areas representing 95% of the top 20 growing economies.

#VIXAnalysis: 2023 saw a notable drop in the Volatility Index compared to 2022 📉. The daily closing high for the $VIX on March 13th, 2023 (26.52) was influenced by a brief panic in the US regional bank sector. 📈 What's catching our eye? Post-VIX spikes often signal an

See below for one of the better publicly available papers regarding using efficient #LLM prompts on platforms such as #ChatGPT. "Principled Instructions Are All You Need for Questioning LLaMA-1/2," available at arxiv.org Cornell University