STOCKS | Capital Markets Expect Stronger U.S. Fourth-Quarter Growth

Capital markets believe the U.S. economy could deliver a strong fourth quarter after third-quarter volatility. According to Sina Finance, analysts wrote that market volatility would continue to intensify in the second half of the year, but the fourth-quarter outlook could improve if inflation eases. The analysts said investors are gradually adjusting to the new Fed chair, and cooling inflation may favor the Fed's policy stance. They also said artificial intelligence has dominated the market narrative and outlined a seven-dimensional AI analysis framework. The report said AI investment returns remain difficult to estimate, and China's launch of "low-end but efficient" large models will further deepen Western frustration over AI return on investment. The analysts concluded that AI's dominance in the stock market will continue for some time.