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"Solving the global labor shortage requires technology that can act autonomously on the physical world," Fundstrat told clients in a note last year.
A rebound in inflation and geopolitical tensions, among other things, could upend the stock market in 2024.
"There are reasons to be bullish equities and even credit as we have discussed in recent publications, but the pile of cash is a weak one," NDR said.
"The main thing that has changed in our math is the starting point of our analysis given the strong move in the S&P 500 at the end of 2023," RBC said.
That thinking lines up with billionaire investor Warren Buffett, who made a big bet on five Japanese trading companies in the summer of 2020.