While the US is the pioneer, Europe will follow suit—more rapidly than expected. It is not a question of if GenAI will boom in Europe, but when. Europe’s Data Center growth is already strong today, but a US-style boom is just around…
Innovative Tech will face macroeconomic headwinds in a new “higher for longer” interest regime. Yet, the long-term opportunity of the cohort is tremendous. Investors need to be judicious with the timing of adding new capital to…
In our latest Weekly Report we boosted the S&P data processing index to overweight from previously underweight. Data processing stocks are a services-based defensive tech index that typically thrive in deflationary and…
Dear client, Next Monday instead of sending you a Weekly Report we will be hosting a live webcast at 10am EST, addressing the recent market moves and discussing the US equity market outlook. Kind Regards, Anastasios Highlights…
Data processing stocks have been in a consolidation phase, but this increasingly appears to be a trend change rather than a continuation pattern. The economic backdrop is no longer conducive to capital inflows. Data processing companies…
Highlights Portfolio Strategy The market has quietly adopted a less cyclical sectoral tone since yearend, a trend that could amplify over the coming months, even if overall appreciation persists. Defense stocks have grown into…
While the corporate sector has run up debt levels and is struggling to generate profit growth, consumers have rebuilt their savings and are enjoying the benefits of a positive wealth effect. The increase in real wage and salaries growth…
Data processing stocks have marked time since we took profits and downgraded to neutral in mid-February. Increasingly, this lateral move looks to be a consolidation rather than a trend change. This group fits into our consumption vs.…
Stocks are flirting with new highs, courtesy of a gradualist Fed and the reduced threat
of incremental near-term U.S. dollar strength.