In today’s fast-paced environment, investors are constantly navigating an increasingly complex economic landscape filled with unexpected challenges and potential opportunities. From the disruption of traditional banking to the potential impact of the U.S. elections on market stability — and the transformative power of artificial intelligence (AI) — we explore these timely trends that investors might consider in the near future and over the next several years.
- The banking industry has experienced significant disruption over the past decade. Part of this can be attributed to the rise of neobanks — entirely digital institutions that offer banking solutions to consumers and small businesses. With a lean cost structure and the ability to quickly scale to capture more market share, we believe neobanks may be well positioned to attract higher-value customers, creating potential opportunities for investors. Our article, Banking On Disruption?, has more insights.
- As the November U.S. elections draw closer, investors will be eyeing the market. Historically, equity markets have experienced a slight increase in volatility, potentially influenced by uncertainty leading up to election day. While the instinct may be to react to political outcomes, history suggests that focusing on long-term secular growth, rather than short-term political shifts, yields better investment results. We share our perspectives in Post-Election Bump?
- Last but certainly not least, we turn our attention to the subject of our latest interactive module — AI, which we believe is poised to revolutionize industries around the world. In our view, AI’s potential to enhance productivity could boost global Gross Domestic Product (GDP) by as much as $11 trillion. While we are still in the early stages of AI’s impact, many companies are already realizing returns from integrating AI into their operations, from AI programs that detect financial crimes to airlines using AI to plan more efficient routes. As AI continues to evolve, we continue to focus on identifying AI enablers and adopters, companies that we believe are leading their respective industries to drive AI innovation.
Stay updated with the latest trends in technology and innovation by subscribing to The Alger Recap newsletter. For more market insights, follow Alger on LinkedIn and Instagram, and Alger CEO and CIO
Dan Chung
on LinkedIn.
