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- Sep 28, 2026
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- Sep 28, 2026
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AI, Financial Markets, and the Economy (opens the original)
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AI is driving enormous investment and soaring valuations, but what do financial markets reveal about its long-term economic impact? Jesús Fernández-Villaverde, Howard Marks Presidential Professor of Economics at the University of Pennsylvania, and Maryam Farboodi, Associate Professor at Cornell SC Johnson College of Business, examine how investors are pricing the promise and risk of transformative AI. They discuss why Treasury yields fell following major AI announcements, whether high AI stock v
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