BofA Sees the End of 'Easy Money' From the AI-Spending Trade

Bank of America strategists warned that investors will find it increasingly hard to make "easy money" by betting on outsized returns from AI-linked capital expenditures versus consumer-driven spending. The era of easy gains from the AI-spending trade is ending, they said.

• BofA: betting on AI capex no longer yields easy profits
• Strategists urge comparing AI spending with consumer outlays
• Investors face harder path to outsized returns on AI trade