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Bloomberg

There are Two Types of Economies, AI and Everything Else, says Tchir

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Head of Macro Strategy at Academy Securities Peter Tchir tells Bloomberg's Paul Sweeney and Jess Menton how there currently two types of economies, AI and everything else. A resurgence in giant chipmakers powered a rebound on Wall Street, with stocks also rising amid a decline in oil prices as traders looked past fresh hostilities between the US and Iran.