News and Analysis

When OpenAI released ChatGPT last November, the chatbot reached the million user milestone in a mere four days —  setting a new tech record for the fastest-growing app of all...

AI is, without a doubt, the hottest investment trend of 2023. Is this just short-lived hype, or will AI stocks continue to soar? AI (short for artificial intelligence) has...

REBOUND: With the peak summer holiday season well underway the so-called BEACH travel and tourism stocks are doing very well. Our global and European leisure stock baskets of...

FEARS: The developed world’s highest headline inflation. Still rising core inflation. 19% food price rises. 12 central bank rate hikes. And investors aggressively pricing four...

DAI is now the third-largest stablecoin The crypto market remains under pressure, with many altcoins still in the red after a recent lawsuit classified several big names as...

SPIRITS: Equity animal spirits are reawakening after 18 months of hibernation. The S&P 500 is in bull market territory. Market volatility low. Tech stock leadership is...

Summary Europe the macro and market 2023 surprise Now lower inflation, stronger earnings growth, and 30% lower valuations than the US. But also is riskier, more cyclical, and...

LEADING: Japan is the best performing major stock market this year, up 23% in US dollar terms, doubling from its pandemic low, and closing in on the all-time-high from 1989 when...

IMPACT: Commodities has been the worst performing asset class this year, after leading up for the prior two years. The 24-member Bloomberg commodities index (DJP) is down near...

GROWTH: US wage growth has been running at multi-decade highs of over 6% since March 2022. It’s been led by the younger, the less qualified, and the lower paid. Leisure and...