The result: 10%-plus growth in this area, according to the last GDP report.
Yes, much of it comes from AI, but other sectors are likewise poised to seize the advantage once the business cycle turns.
While the Iran conflict is clearly an economic drag, it won’t last forever nor will higher gas prices.
Like the job creation from technology advancement, the same pattern follows when you get a peace dividend.
And the economy — here and abroad — is bound to pick up once investors realize that the world’s biggest state sponsors of terrorism, the mullahs in Iran, are completely neutered.