JoAnne Feeney Joins Bloomberg’s ‘Open Interest’
Segment starts at 19:50, and then continues at 26:33.
Dr. JoAnne Feeney, Partner & Portfolio Manager at Advisors Capital Management, returned to Bloomberg’s Open Interest to weigh in on the durability of secular growth drivers and the realities facing today’s market. In a wide-ranging discussion, she reaffirmed the long-term potential of transformative technologies like AI, outlining the predictable—but often misunderstood—path from hidden R&D to widespread adoption.
“Is AI real? Yes. And we’re still early in its economic impact.”
Dr. Feeney highlighted key players like NVDA and AVGO that continue to power AI infrastructure amid growing capital expenditure plans, while reminding investors that hype and fear are natural stops along the innovation journey.
On the broader market: The conversation shifted to mounting macro risks—from weakening consumer demand to labor shortages and policy-driven inflation threats. With new tariffs on the horizon, she warns of potential shocks to both margins and jobs, drawing historical parallels to the Smoot-Hawley era.
How she’s positioning portfolios: Rather than broad market exposure, Dr. Feeney advocates for selective stock picking and income-buffer strategies. She sees ongoing opportunities in AI, cloud, and cybersecurity—but urges investors to stay diversified and grounded with quality income-producing holdings.
Stocks to watch: PANW, AMZN, AVGO, NVDA for growth; DUK, PM, MO, KMI for income stability.
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