"AI stocks are massively outperforming the global market," tweets the Kobeissi Letter.
AI stocks are massively outperforming the global market:
— The Kobeissi Letter (@KobeissiLetter) September 27, 2026
The Bloomberg Global AI index has surged +118% since the start of 2024, to near its all-time high.
At the same time, the MSCI World Index has risen +57%, underperforming by 61 percentage points.
By comparison, the MSCI… pic.twitter.com/KtifLcTwqZ
It goes on to describe the ways in which investors are going after AI.
The Bloomberg Global AI index has surged +118% since the start of 2024, to near its all-time high.
At the same time, the MSCI World Index has risen +57%, underperforming by 61 percentage points.
By comparison, the MSCI Emerging Market Index has soared +70% over this period, to near its all-time high.
Since the start of 2024, AI stocks have generated an average annualized return of +38%, double the +19% annualized return of global equities over the same period.
The AI index has also significantly outperformed emerging markets, which have delivered an annualized return of +23%.
AI stocks have left the rest of the global market far behind.
A lot of people have a lot of reservations about AI. Anything that can potentially do good can also do a whole lot of bad. Phenomena at inception are not inherently good or bad, but they can go to bad places if misuse and abuse is allowed. We have chronicled some of the concerns expressed in polls about AI and its effects. It goes without repeating that there should be appropriate supervision and oversight of everything touched by AI. It is of major, major importance that it be so monitored. Those surveyed in those polls have every reason to feel at least uneasy about AI. Meanwhile, investors must foresee it staying around for a while.
