The AI Story You Likely Haven't Heard

Transforming the single biggest industry in the world... Doc Eifrig on the AI story you should know... His predictions worked out better than he expected... A peek at the jobs market... Oil prices fall again... [Stansberry Research Logo] Delivering World-Class Financial Research Since 1999 [Stansberry Digest] Transforming the single biggest industry in the world... Doc Eifrig on the AI story you should know... His predictions worked out better than he expected... A peek at the jobs market... Oil prices fall again... --------------------------------------------------------------- You may not have heard this story about AI... Even though our friend and Stansberry Research senior partner Dr. David "Doc" Eifrig talked about it nearly two years ago... In July 2022, Doc broadcast a free presentation to all Stansberry Research readers. He explained a $4 trillion industry that millions of Americans would have no choice but to be a part of in the years and decades ahead... how it would happen... and the type of companies that would be best positioned to take advantage of the trend. Artificial intelligence was a big part of the story. Doc talked about work being done at Google in 2020, for example, and noted several instances of incredible research in the sector he was describing, thanks to AI. As he said then... These are the sort of developments we've imagined for decades... but that never seemed to materialize. Now they're all happening at once. As I (Corey McLaughlin) [wrote then]( Doc was talking about a trend he said was "bigger than anything else in the past 40 years." And he explained that it was "unfolding in the biggest, most important, and most bulletproof sector of our economy." What's more, Doc said this research was "the most important work I'll ever do." And if you know Doc at all, that was saying something... Doc has an amazing professional background. He is a former Goldman Sachs trader who became a board-eligible eye surgeon before deciding to share his health and financial expertise and write newsletters (and he owns his own wine business today as well). As we wrote in July 2022, Doc said "he can all but guarantee that the ideas he's talking about will be obvious to everyone in five years." Two years later... Not only have all of Doc's predictions come true, but the results are even better than he could have expected... And AI is part of the ongoing story. But while AI is constantly in the headlines today, most people are only talking about chipmaker Nvidia (NVDA) or the ChatGPT bot. So Doc recently sat down on camera to update his message and reshare this story about this industry, and we want to make sure everyone has a chance to see it. Because what Doc's talking about is still being overlooked, despite all the hype around AI today... and despite Doc's belief that this trend is still in its early stages and will dramatically change millions of people's lives. As he says... This is the most transformative story I've ever shared with readers, and one that will resonate in the lives of our children and grandchildren – long after I'm gone. If that sounds grandiose to you, please just listen. Because whether you invest a single dollar in this idea or not, it's going to affect all of us in ways that go way, way beyond money... This is a story about AI. But not the one you've likely heard – about supply chains, or disappearing American jobs, or the "Magnificent Seven" stocks... Instead, it's about how AI is changing the world right now, today, in a way that affects you deeply – changing the world for the better... by transforming the single biggest industry in the world. The fact that this massive story is still relatively unknown compared to the tales of AI darlings like Nvidia or OpenAI is good news for savvy investors. This includes subscribers to Doc's Prosperity Investor newsletter, who are aware of this story today. Make sure you're one of them... [You can watch Doc's new message for free here](... It includes all the details about this AI story, including the key to unlocking its full potential. Doc also shares the two steps folks should take today to prepare for and profit from this trend – in a bear or bull market. (And a note for Stansberry Alliance members and existing Prosperity Investor subscribers: You already have access to the full details of the research Doc is talking about, but feel free to watch his presentation to get up to speed or a reminder about it all.) Switching gears, here's a look at the jobs market... On the employment front, today's Job Openings and Labor Turnover Survey ("JOLTS") report painted a picture of moderation. The Bureau of Labor Statistics reported that on the last business day of April, the U.S. had 8.1 million job openings, down from the (revised) 8.4 million in March. The report also said 5.6 million people were hired in April, which was consistent with March. The pace of "separations" from employment – either through folks voluntarily leaving their jobs or getting laid off – also changed little at 5.4 million. Now, this doesn't mean people aren't quitting jobs or being laid off. Again, they tallied more than 5 million in April, according to these numbers. But the numbers don't reflect much change from the month before. That said, the U.S. has nearly 2 million fewer job openings from a year ago, and that's also well off the pandemic-stimulus-era peak. In March 2022, the U.S. had around two job openings for every available worker... Now, that ratio is down to about 1.2 to 1, the lowest since June 2021. So, all in all, this report suggests the status quo on the labor market front – relative weakening, but not a disaster either. Investors follow the JOLTS numbers because Federal Reserve officials have said that they track them to gauge labor market strength or weakness. Of course, the state of the jobs market is one of the major factors the central bank purports to weigh when making monetary policy. But keep in mind that these numbers cover activity two months ago. The market will digest some more current employment numbers in the days ahead with government and private-sector payroll reports, culminating with May's "nonfarm payrolls" report on Friday morning. Oil prices keep falling... The prices of Brent crude oil, the international benchmark, and West Texas Intermediate, the U.S. standard, have fallen by another 1%-plus in the last 24 hours. This makes for five straight days of losses since the OPEC+ oil cartel signaled a potential lifting of "voluntary" production cuts starting in October. The move suggests more oil supply hitting the market and has now sunk oil prices by 15% from a recent high in April. If prices stick around current levels, it should "help" short-term inflation numbers. And that could act as more evidence for the Fed and other central banks to cut interest rates later this year. (Officially, the Fed strips out energy prices from its preferred inflation data due to volatility like this... But we know the central bank is paying attention to other metrics, too, and energy costs often are passed through into various parts of the economy and other prices.) Over the past week, fed-funds futures traders have upped their bets for a 25-basis-point cut coming at the central bank's September meeting, with their action as of this afternoon suggesting a 55% probability. That's up from 42% a week ago and a few points higher than yesterday. Even more of these traders think rates will be lower after the Fed's November meeting, which will occur in the two days after Election Day. And more than 90% of fed-funds futures traders expect a cut by the end of the year. The major U.S. indexes were mixed for the second straight day, with the benchmark S&P 500, Nasdaq, and Dow Jones Industrial Average little changed and the small-cap Russell 2000 down more than 1%. --------------------------------------------------------------- Recommended Links: [Doc: My Biggest Announcement in 40 Years]( Dr. David "Doc" Eifrig just stepped forward with one of the biggest announcements of his 40-year career. It's an AI play almost no one is paying attention to... and the potential for your retirement could be far bigger than Nvidia. In fact, seeing this story could help save your life. Every reader needs to see this update immediately. [Click here for the details](. --------------------------------------------------------------- [Urgent Alert: 'This Could Be Worth 20 Times More Than Nvidia']( Whitney Tilson has nailed many of the most famous stocks of the past 25 years – including Netflix, Amazon, and Apple. Now he's pounding the table on a new technology rolling out across America, which early estimates say could create more wealth than AI, the personal computer, and the smartphone combined. [Click here to see how it could become the No. 1 investment of the next decade](. --------------------------------------------------------------- New 52-week highs (as of 6/3/24): ABB (ABBNY), Arhaus (ARHS), Alpha Architect 1-3 Month Box Fund (BOXX), Costco Wholesale (COST), Dimensional International Small Cap Value Fund (DISV), iShares MSCI Spain Fund (EWP), Eli Lilly (LLY), Altria (MO), Spotify Technology (SPOT), Verisk Analytics (VRSK), and Vanguard Short-Term Inflation-Protected Securities (VTIP). In today's mailbag, more feedback on [Dan Ferris' Friday essay](... Do you have a comment or question? As always, e-mail us at feedback@stansberryresearch.com. "Dan, Another great Friday Digest. I fall into your retired 'worrywarts', dare I say category. "I too, have read with great interest your Friday Digests and have slowly been taking profits and accumulating cash, as this market is historically expensive. Brett [Eversole] is pointing True Wealth readers towards overseas markets/funds, as those markets aren't nearly as frothy as the Dow/S&P/Nasdaq are currently. "I do want to thank you and Doc for suggesting treasuries and Treasury funds. You gave a freebie several months ago in the Digest and Doc educated readers into venturing into T-bill purchasing on Treasury Direct. Both have been great places to park this extra cash and hey, getting 5%-plus interest to boot. "As far as this reader feels, Stansberry provides great analysis and excellent reads!" – Subscriber Steve R. All the best, Corey McLaughlin Baltimore, Maryland June 4, 2024 --------------------------------------------------------------- Stansberry Research Top 10 Open Recommendations Top 10 highest-returning open stock positions across all Stansberry Research portfolios Investment Buy Date Return Publication Analyst MSFT Microsoft 11/11/10 1,360.8% Retirement Millionaire Doc MSFT Microsoft 02/10/12 1,315.8% Stansberry's Investment Advisory Porter ADP Automatic Data Processing 10/09/08 886.3% Extreme Value Ferris WRB W.R. Berkley 03/16/12 730.1% Stansberry's Investment Advisory Porter BRK.B Berkshire Hathaway 04/01/09 635.4% Retirement Millionaire Doc HSY Hershey 12/07/07 485.5% Stansberry's Investment Advisory Porter AFG American Financial 10/12/12 449.4% Stansberry's Investment Advisory Porter TT Trane Technologies 04/12/18 414.0% Retirement Millionaire Doc NVO Novo Nordisk 12/05/19 389.8% Stansberry's Investment Advisory Gula TTD The Trade Desk 10/17/19 363.2% Stansberry Innovations Report Engel Please note: Securities appearing in the Top 10 are not necessarily recommended buys at current prices. The list reflects the best-performing positions currently in the model portfolio of any Stansberry Research publication. The buy date reflects when the editor recommended the investment in the listed publication, and the return shows its performance since that date. To learn if a security is still a recommended buy today, you must be a subscriber to that publication and refer to the most recent portfolio. --------------------------------------------------------------- Top 10 Totals 5 Stansberry's Investment Advisory Porter/Gula 3 Retirement Millionaire Doc 1 Extreme Value Ferris 1 Stansberry Innovations Report Engel --------------------------------------------------------------- Top 5 Crypto Capital Open Recommendations Top 5 highest-returning open positions in the Crypto Capital model portfolio Investment Buy Date Return Publication Analyst wstETH Wrapped Staked Ethereum 12/07/18 2,291.8% Crypto Capital Wade BTC/USD Bitcoin 11/27/18 1,730.8% Crypto Capital Wade ONE/USD Harmony 12/16/19 1,249.9% Crypto Capital Wade MATIC/USD Polygon 02/25/21 810.0% Crypto Capital Wade AGI/USD Delysium AI 01/16/24 430.9% Crypto Capital Wade Please note: Securities appearing in the Top 5 are not necessarily recommended buys at current prices. The list reflects the best-performing positions currently in the Crypto Capital model portfolio. The buy date reflects when the recommendation was made, and the return shows its performance since that date. To learn if it's still a recommended buy today, you must be a subscriber and refer to the most recent portfolio. --------------------------------------------------------------- Stansberry Research Hall of Fame Top 10 all-time, highest-returning closed positions across all Stansberry portfolios Investment Symbol Duration Gain Publication Analyst Nvidia^* NVDA 5.96 years 1,466% Venture Tech. Lashmet Microsoft^ MSFT 12.74 years 1,185% Retirement Millionaire Doc Inovio Pharma.^ INO 1.01 years 1,139% Venture Tech. Lashmet Seabridge Gold^ SA 4.20 years 995% Sjug Conf. Sjuggerud Nvidia^* NVDA 4.12 years 777% Venture Tech. Lashmet Intellia Therapeutics NTLA 1.95 years 775% Amer. Moonshots Root Rite Aid 8.5% bond 4.97 years 773% True Income Williams PNC Warrants PNC-WS 6.16 years 706% True Wealth Systems Sjuggerud Maxar Technologies^ MAXR 1.90 years 691% Venture Tech. Lashmet Silvergate Capital SI 1.95 years 681% Amer. Moonshots Root ^ These gains occurred with a partial position in the respective stocks. * The two partial positions in Nvidia were part of a single recommendation. Editor Dave Lashmet closed the first leg of the position in November 2016 for a gain of about 108%. Then, he closed the second leg in July 2020 for a 777% return. And finally, in May 2022, he booked a 1,466% return on the final leg. Subscribers who followed his advice on Nvidia could've recorded a total weighted average gain of more than 600%. --------------------------------------------------------------- Stansberry Research Crypto Hall of Fame Top 5 highest-returning closed positions in the Crypto Capital model portfolio Investment Symbol Duration Gain Publication Analyst Band Protocol BAND/USD 0.31 years 1,169% Crypto Capital Wade Terra LUNA/USD 0.41 years 1,166% Crypto Capital Wade Polymesh POLYX/USD 3.84 years 1,157% Crypto Capital Wade Frontier FRONT/USD 0.09 years 979% Crypto Capital Wade Binance Coin BNB/USD 1.78 years 963% Crypto Capital Wade You have received this e-mail as part of your subscription to Stansberry Digest. If you no longer want to receive e-mails from Stansberry Digest [click here](. Published by Stansberry Research. You’re receiving this e-mail at {EMAIL}. Stansberry Research welcomes comments or suggestions at feedback@stansberryresearch.com. This address is for feedback only. 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