Riding the Red Tide: U.S. Election and Financials
With the U.S. election now in the rearview mirror, investors have begun to assess the likely policies that we will see from a Republican-controlled government over the next two years. While some policy uncertainty remains, it is clear that the financial sector has...
Why It’s Time to Add Europe
With the U.S. markets trading close to the top end of their valuation range, investors have been hunting for value in Europe. European equities are trading at near historic discounts relative to the U.S. It is not only the deeper than normal valuation discount that...
Big Tech Boom Or Gloom In 2024?
The Magnificent Seven or Big Tech (Apple, Microsoft, Alphabet, Amazon, Nvidia, Meta, Tesla) accounted for two-thirds of the 26.3% S&P 500 returns in 2023.1 The majority of this outperformance occurred during the first half of 2023, with the Magnificent Seven rally...