Month: March 2024

Please find enclosed our newsletter for the week ended 29th March.

Please find enclosed our newsletter for the week ended 22nd March.

Please find enclosed our newsletter for the week ended 15th March.

Despite data suggesting lukewarm progress towards the Federal Reserve’s 2% inflation target, US financial markets are still held up strongly by the prospects for AI. Both companies that will provide critical inputs for the industry, as well as those expected to benefit from it the most, are being chased by investors.

How long before this levels off is not easy to forecast, but difficult to deny that valuations are looking excessively optimistic.