AI Buildout Keeps Quinlan Bullish on US Stocks

AI Summary

Merrill and Bank of America's Head of Market Strategy, Joe Quinlan, expresses optimism about US stocks driven by resilient factors such as AI investment, construction, and healthcare hiring. Despite a weak July jobs report, the US economy shows signs of continued strength and technological investment.

Merrill & Bank of America Head of Market Strategy Joe Quinlan is on Bloomberg This Weekend to give his reaction to the July jobs report. Quinlan explains to hosts David Gura and Christina Ruffini that the US economy remains resilient despite the weak July jobs data, pointing to continued hiring in construction and health care and investment tied to AI. (Source: Bloomberg)