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WisdomTree Insights
Recent market volatility caused a significant drop in Nikkei 225. Despite this, the long-term outlook remains positive. The sell-off is seen as a buying opportunity due to the Bank of Japan (BOJ)’s rate increase, stable economic indicators, and corporate governance reforms. Japanese equities fell due to liquidity, not fundamentals. A hedged-currency Japan portfolio is expected to outperform the S&P 500 over the next five years.
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Recent market volatility caused a significant drop in Nikkei 225. Despite this, the long-term outlook remains positive. The sell-off is seen as a buying opportunity due to the Bank of Japan (BOJ)’s rate increase, stable economic indicators, and corporate governance reforms. Japanese equities fell due to liquidity, not fundamentals. A hedged-currency Japan portfolio is expected to outperform the S&P 500 over the next five years.
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Nvidia has garnered a lot of attention in 2023 amidst all the hype around artificial intelligence. Here, we look back at history to a time when Cisco was generating a lot of attention as the backbone of the internet. Is there anything we can learn from Cisco that might help us better assess Nvidia?
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Nvidia has been the central company in 2023 to what many are terming a ‘generative artificial intelligence revolution’. With exceptional returns comes an exceptionally high valuation: where might we go from here? This blog looks back through history at companies that have started with similarly high valuations and assesses whether, historically, subsequent returns were able to measure up.
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Nvidia has been the defining stock of the first half of 2023, but with great performance comes even greater expectations. While it is not impossible for Nvidia to live up to these, we examine what has happened historically when certain stocks ascend to the level of ‘highest price-to-sales ratio’ within the broader array of US large caps.
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On 14 July 2023, we had the pleasure of speaking with Warren Pies, founder of 314 Research. The conversation was wide-ranging, touching such topics as artificial intelligence, inflation, gold, energy and real assets. There was even a discussion about whether the recession that people have expected now for about two years is on the horizon. Warren has been a guest numerous times and it is always great to get his perspective.
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We had the pleasure of speaking with Catherine LeGraw, a member of GMO’s Asset Allocation team and a partner at the firm. We were able to take a high level view on global markets, essentially circling the globe and considering a range of different potential opportunities present in today’s world.
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