15:I[66739,["/_next/static/chunks/0kktebtcs1htf.js?dpl=dpl_Ct5wqLjgUVXDJkiVhBEnamGRG9Mj","/_next/static/chunks/00yc4h63rurg4.js?dpl=dpl_Ct5wqLjgUVXDJkiVhBEnamGRG9Mj","/_next/static/chunks/01b21njbdx~~m.js?dpl=dpl_Ct5wqLjgUVXDJkiVhBEnamGRG9Mj","/_next/static/chunks/0kn25ki6~d.3~.js?dpl=dpl_Ct5wqLjgUVXDJkiVhBEnamGRG9Mj","/_next/static/chunks/166.u_60qj09..js?dpl=dpl_Ct5wqLjgUVXDJkiVhBEnamGRG9Mj","/_next/static/chunks/0g9_wl34k-6l4.js?dpl=dpl_Ct5wqLjgUVXDJkiVhBEnamGRG9Mj","/_next/static/chunks/0~r4f.cjjsl~b.js?dpl=dpl_Ct5wqLjgUVXDJkiVhBEnamGRG9Mj"],"default"] 17:I[38632,["/_next/static/chunks/0qqtp3r0h7kah.js?dpl=dpl_Ct5wqLjgUVXDJkiVhBEnamGRG9Mj","/_next/static/chunks/0iukvycbd42rl.js?dpl=dpl_Ct5wqLjgUVXDJkiVhBEnamGRG9Mj"],"IconMark"] 16:T54f,

Larry McDonald says the AI-led optimism may have peaked, citing Mag 7 infighting and ETF underperformance. He sees a rotation out of financial assets and into companies that own hard assets, such as copper, silver, and gold miners, as well as natural gas equities. McDonald believes this shift is not about being bearish or bullish but about a "colossal rotation" in portfolio construction, driven in part by rising stagflationary forces.

======== Schwab Network ========

Empowering every investor and trader, every market day.

Subscribe to the Market Minute newsletter - https://schwabnetwork.com/subscribe

Download the iOS app - https://apps.apple.com/us/app/schwab-network/id1460719185

Download the Amazon Fire Tv App - https://www.amazon.com/TD-Ameritrade-Network/dp/B07KRD76C7

Watch on Sling - https://watch.sling.com/1/asset/191928615bd8d47686f94682aefaa007/watch

Watch on Vizio - https://www.vizio.com/en/watchfreeplus-explore

Watch on DistroTV - https://www.distro.tv/live/schwab-network/

About Schwab Network - https://schwabnetwork.com/about

AI Optimism Fades: Rotation into Hard Assets Gains Traction

Schwab Network

AI Optimism Fades: Rotation into Hard Assets Gains Traction