The Personal Consumption Expenditure (PCE) figures for January will be released later this week, with many eyes watching as it is often cited as the Federal Reserve's favorite inflation gauge. Could stocks be due for a correction on the upcoming inflation print and the Nvidia-driven AI hype bubble? Annex Wealth Management Chief Economist and Strategist Brian Jacobsen joins Yahoo Finance to discuss the upcoming PCE report and what investors need to know to best position their portfolios. Jacobsen warns investors should remain cautious about companies that use artificial intelligence as a gimmick, specifically "those who claim to be related to AI, but are only so in name." "I think that's something you often times see. Think about when Bitcoin (BTC-USD) was on one of its many runs higher, before its precipitous falls, that a lot of companies were talking about blockchain, talking about issuing their own coins. And so when we were actually going through on our investment committee, looking at those word clouds that you can do for earnings transcripts, artificial intelligence began popping up quite often, but then when you look at the companies actually talking about it, not all of them are actually using it. It seems like maybe they're just trying to say they're being very fashionable." For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Editor's note: This article was written by Nicholas Jacobino

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