Is AI the Next Dot-Com Bubble?

Is AI the next dot-com bubble? In this week's market update, I compare the current landscape to the tech frenzy of the late 90s. We'll look at valuations, profitability, and how this year's IPOs have performed—and why the comparisons to the dot-com era don't hold up the way some people think. I also cover the S&P 500's first real pullback after months of calm, the September jobs report, Bitcoin's slide from its highs, why a 50-year mortgage is a terrible idea, and what the odds are telling us about a December Fed rate cut. Happy Thanksgiving!