{"id":238625,"date":"2026-06-29T12:41:00","date_gmt":"2026-06-29T16:41:00","guid":{"rendered":"https:\/\/testing.news-you-need.com\/index.php\/2026\/06\/29\/ai-could-reshape-long-term-u-s-economic-growth\/"},"modified":"2026-06-29T13:40:08","modified_gmt":"2026-06-29T17:40:08","slug":"ai-could-reshape-long-term-u-s-economic-growth","status":"publish","type":"post","link":"https:\/\/testing.news-you-need.com\/index.php\/2026\/06\/29\/ai-could-reshape-long-term-u-s-economic-growth\/","title":{"rendered":"AI could reshape long-term U.S. economic growth"},"content":{"rendered":"<p><a href=\"https:\/\/www.bnnbloomberg.ca\/investing\/market-outlook\/2026\/06\/29\/market-outlook-sp-500-could-hit-8000-on-ai-productivity-gains\/\">AI could reshape long-term U.S. economic growth<\/a><\/p>\n<p><a href=\"https:\/\/www.bnnbloomberg.ca\/investing\/market-outlook\/2026\/06\/29\/market-outlook-sp-500-could-hit-8000-on-ai-productivity-gains\/\">https:\/\/www.bnnbloomberg.ca\/investing\/market-outlook\/2026\/06\/29\/market-outlook-sp-500-could-hit-8000-on-ai-productivity-gains\/<\/a><\/p>\n<p>Publish Date: <a href=\"publish_date]\">2026-06-29 12:41:00<\/a><\/p>\n<p>Source Domain: <a href=\"www.bnnbloomberg.ca\">www.bnnbloomberg.ca<\/a><\/p>\n<p>Here are several key points from the BNN Bloomberg interview with Jim Thorne, chief market strategist at Wellington-Altus Private Wealth, regarding his 2026 mid-year market outlook:<\/p>\n<ul>\n<li>\n<p><strong>New Economic Regime<\/strong>: Thorne believes a new economic regime is taking shape due to factors such as artificial intelligence (AI), productivity gains, and supply-side economic policies, suggesting that historical investment patterns may no longer be applicable.<\/p>\n<\/li>\n<li>\n<p><strong>U.S. Economic Leadership<\/strong>: He expects the U.S. economy to drive the next phase of growth, with U.S. companies likely to generate stronger earnings compared to consensus forecasts.<\/p>\n<\/li>\n<li>\n<p><strong>Impact of AI<\/strong>: Thorne expects AI to drive long-term structural growth rather than just a typical technological boom, leading to enhanced productivity and earnings growth for companies.<\/p>\n<\/li>\n<li>\n<p><strong>S&amp;P 500 Forecast<\/strong>: He expects the S&amp;P 500 to reach 8,000, driven by earnings momentum and AI-related productivity gains although a forecast of 8,400 would be optimistic.<\/p>\n<\/li>\n<li>\n<p><strong>Geopolitical Tensions<\/strong>: Thorne views current geopolitical tensions as a temporary supply shock rather than a lasting threat to corporate earnings, confident that markets will absorb this disruption.<\/p>\n<\/li>\n<li>\n<p><strong>Canada\u2019s Economic Challenges<\/strong>: Thorne argues that Canada is experiencing a balance-sheet recession and recommends a further reduction in interest rates by the Bank of Canada to spur demand for private sector loans.<\/p>\n<\/li>\n<li>\n<p><strong>Secular Bull Market<\/strong>: He is optimistic about a secular bull market driven by AI and productivity gains, labeling the current market condition as a unique opportunity in an investor&#8217;s career.  <\/p>\n<\/li>\n<\/ul>\n<p>These points provide a comprehensive overview of Thorne&#8217;s views on the evolving market environment and economic outlook for the mid-year of 2026.<\/p>\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>AI could reshape long-term U.S. economic growth https:\/\/www.bnnbloomberg.ca\/investing\/market-outlook\/2026\/06\/29\/market-outlook-sp-500-could-hit-8000-on-ai-productivity-gains\/ Publish Date: 2026-06-29 12:41:00 Source Domain: www.bnnbloomberg.ca&#8230;<\/p>\n","protected":false},"author":1,"featured_media":238626,"comment_status":"closed","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/www.bnnbloomberg.ca\/resizer\/v2\/PZZTFJLEAM5B6L3V4IVKD6KN3A.jpg?smart=true&auth=19b64e8b3d8aa1c32990a0d16c57205e8bc2b6116e739ead573b8b6b4ecfbeab&width=1200&height=630","fifu_image_alt":"","footnotes":""},"categories":[14],"tags":[20],"class_list":["post-238625","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-artificial-intelligence","tag-artificial-intelligence"],"_links":{"self":[{"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/posts\/238625"}],"collection":[{"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/comments?post=238625"}],"version-history":[{"count":1,"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/posts\/238625\/revisions"}],"predecessor-version":[{"id":238627,"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/posts\/238625\/revisions\/238627"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/media\/238626"}],"wp:attachment":[{"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/media?parent=238625"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/categories?post=238625"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/tags?post=238625"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}