The Fed’s Wait-and-See Approach to AI Can’t Last

Published on November 7, 2025

Financial markets are obsessed with AI, and the broader public is aware of its looming impact on jobs and wages. Yet for the Federal Reserve, the concern has barely registered.

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Chuck begins by reminding viewers that investors tend to be about two-and-a-half times more sensitive to fear than to greed. When stocks are expensive, investors often ignore the overvaluation.