Capital Daily Will valuations hinder AI-related stocks’ performance? Stronger-than-expected Q2 earnings from Nvidia have extended this week’s relief rally in stock markets. While we think that US equities could falter over the rest of the year as growth disappoints, we... 24th August 2023 · 4 mins read
Asset Allocation Update What to make of the IT sector’s recent stumble The S&P 500 IT sector has struggled this month amid rising bond yields and waning enthusiasm for AI. While we think the sector may fall further this year in absolute terms, we still project it to... 17th August 2023 · 3 mins read
Europe Economics Update Track record suggests EU will be slow to adopt AI Europe benefitted less than the US from information-communications technology between the mid-1990s and mid-2000s because most of the innovative tech firms were based in the US and structural factors... 28th July 2023 · 4 mins read
Asset Allocation Update Are AI equity valuations justified? The sky-high valuations of some touted winners from AI have given rise to claims that their share prices have risen to unsustainably high levels. Is there anything we can learn from the dot com era? 26th July 2023 · 5 mins read
Asset Allocation Update Equity market winners in the age of AI Given our view that a big stock market rally fuelled by enthusiasm about AI is on the way, we expect equities in some IT and industrials subsectors to outperform, which would favour the US market. 12th July 2023 · 5 mins read
