Our Chief Market Strategist, Dr. James Thorne, shares his November Market Insights, where he uses past election data to analyze current U.S. political activity and the impact on inflation.
March Market Insights: There is no Bronze Medal
Markets are not pricing that reality. Investors still treat the AI build-out as marginal cloud spend or another overhyped software cycle. They debate whether Big Tech is “exhausting its available capital” or whether capex “must mean revert,” as if infrastructure were optional and competition courteous. They are using valuation models from the wrong century for the wrong game.