Paul's Market Insights
Paul's Market Insights is our bi-weekly communique to provide clients with current insights on financial markets.
Written by Paul Siluch
February 9th, 2023
AI – or Artificial Intelligence – is taking the world by storm. This is thanks to the rapid emergence of ChatGPT, a natural language program that answers questions in plain English. And in great detail. This free program has been tried by over 100 million users in just two months, shattering the old record of nine months to reach this number held by TikTok.
It is the fastest growing consumer application in history.
People are very intrigued, to say the least.
Written by Paul Siluch
February 9th, 2023
Markets were very strong in January, with Canada’s S&P/TSX rising over 7% and the S&P 500 up over 6%.
China is re-opening after being locked down for almost three years due to the pandemic, which will have positive implications for oil and gas (air travel is rapidly climbing, as is commuting by car), construction, and consumption. This should help to soften the recession we expect later this year over here.