Nuggets | Curated insights across markets, macros, AI, tech & geopolitics

Apollo: AI is driving returns in equity markets because of the growing size of tech in the S&P 500 index, and this is a problem for both institutional and individual investors, see chart.

With hyperscalers issuing more debt, AI is increasingly also driving returns in bond markets.

And AI currently makes up 60% of investments in venture capital.