AI-Driven Market Rotation Shifts From Tech to Hard-Asset Value
A structural rotation is moving money away from long-duration tech toward short-duration value sectors such as energy, materials, and industrials, as AI disruption erodes software moats and hard assets prove more resilient to inflation. The piece advocates underweighting software and overweighting hard assets and short-duration sectors, with tactical bets on gold miners, landowners, and railroads to navigate the evolving landscape.