Lower inflation, less profits?
Last week has been an interesting one in capital markets. Global stocks are a nudge above where they were at the end of the previous week in aggregate, but this hides a great deal of variation. There was a steady climb early in last week, led once again by large US mega-caps, but this completely flipped into the latter days. Smaller stocks suddenly dramatically outperformed, while the so-called ‘Magnificent Seven’ (Apple,
Alphabet, Amazon, Meta, Microsoft, Nvidia, Tesla) sold off sharply
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This material has been written on behalf of Cambridge Investments Ltd and is for information purposes only and must not be considered as financial advice. We always recommend you seek financial advice before making any financial decision.
Past performance is not a guide to future performance.
The value of your investments can go down as well as up and you may get back less than you originally invested.Source of financial market data: MorningstarDirect.