What’s Hot, What’s Not? US Tech Hot, Asia Not [Sector Edition]

What’s Hot?

• Tech and tech-driven North America are dominant…
• …driven by the mania in the Magnificent 7 tech companies… well most of them.
• Ditto the Global sector.
• Japan is there by dint of the Nikkei being bought by global investors…
• …whether and the extent to which this follows through into small caps is of great interest…
• …see Japan Blossoming
• Of considerable interest is the appearance of Global Equity Income…
• …investors beginning to position for interest rates falling and looking for alternatives, and these are primarily Value fund…
• …see Best Value Funds Update which also links back to a volume of other research on Value funds.

What’s Not?

• China suffered even more this month, and it seems inevitable that their authorities will have to ramp up initiatives to restore confidence in this cheap but huge market.
• Three of the other sectors have an Asia bias, and they are being pulled down by China, which is more important than the US to these markets.
• The remaining sector is UK linkers.  Not an easy one to gauge, and best avoided in case there is another hiatus with a general election looming.

What’s Hot?

What’s Not?