Three reasons why more market volatility may be ahead [Video]

[AUDIO LOGO]

* My next guest says there are three fundamental reasons why markets are likely to remain volatile for some timed– artificial intelligence, what’s happening with labor, and a look at the yen carry trade. Here to break them down for us is Kevin Hebner, global investment strategist with TD Epoch. He joins us now in person, in studio, which I always love to see. Nice to have you here.

* Great to be here, Kim.

* OK. So I’m just going to jump right in because I think these are pretty fascinating, and you’ve got some really great charts for us. The first reason why you think markets might be more volatile is with artificial intelligence and big tech. So tell us why.

* So big tech has accelerated their CapEx spending. So, for example, the big three hyperscalers– Microsoft, Google, Facebook– have doubled CapEx spending in the last three years. This is pretty enormous. And …