What matters more, uptrending productivity growth or escalating war?

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What matters more, uptrending productivity growth or escalating war?

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We explore whether accelerating productivity growth or escalating geopolitical conflict will matter more for markets. Darius explains that while AI-driven productivity gains are bullish for long-term corporate profits, the near-term market impact is likely to be driven by inflation risk tied to rising energy prices and war in the Middle East, which is already forcing investors to reassess Fed rate-cut expectations.

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