29th January 2024
US economic data surprises to the upside
Fed likely to signal that rates may have peaked but it is likely in no rush to signal a cut
US politics looks dysfunctional and worrying for the longer term
Investors should question why they allocate 60-70% of their equity exposure to a country at war with itself
Allocations to markets with better prospects than the US such as Japan and India should not be so heavily anchored on (low) MSCI index weightings
