In a year of turmoil, diversification is paying off for investors

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Financial Times 1d ago

In a year of turmoil, diversification is paying off for investors - Financial Times

Quick Summary:

The success of the US corporate sector owed much to the extraordinary profitability of the technology sector, which has increasingly been concentrated in a few megacap companies.

What really matters for financial market performance is not so much the path of future outcomes, but rather the outcome relative to expectations.

Meanwhile, in Europe, there is the prospect of lower gas prices if we see a Ukrainian peace deal, the potential for increased fiscal spending following the German election and a pick-up in European governments’ push to deregulate and stimulate growth.