"Navigating the AI Fervor: Preparing Investors for the Tech Bubble and PCE Data"

Annex Wealth Management Chief Economist and Strategist Brian Jacobsen warns investors to remain cautious about companies using artificial intelligence as a gimmick, advising them to thoroughly investigate claims of AI usage. He suggests that the upcoming PCE report and the Nvidia-driven AI hype bubble could lead to a correction in high-flying stocks. Additionally, Warren Buffett's warning about the lack of transformational deals for Berkshire Hathaway signals potential opportunities for smaller and mid-cap companies.