Will Palantir bring the tech house down? Is the AI bubble bursting? We'll try to dissect where the bubbles are and how to navigate.

The lack of data emanating from the Us government thanks to the month long shut down is making investors nervous. Its not helping that the Fed has given a number of hawkish signals potentially implying no further cuts this year. We view the easing cycle in full motion. Whether its a cut in December or in Q1, the easing has only just begun.

US/China trade agreements bring a full circle to this relationship and we're back at pre liberation levels. Trump tried it on with China and China fought back. Nothing to see here anymore!

The 10 year treasury yield is likely to continue to track the downward thrust in Fed rates implying bond investors also believe in continued easing. All positive for risk assets.

Recent MAG7 results imply the bubble is firmly in the pure AI segment of the tech sector. The big players reported strongly, and in the main, are trading at or small premium to market.

US exceptionalism remains. 65%+ global allocation to US continues to make sense and the 'buy-the-dip' mantra remains in place at least until we have evidence of economic slowdown, inflationary forces kicking in or the Fed putting a long term pause on easing.

Always do your own research or seek the advice of your professional financial advisor.

You can find us on LinkedIn and YouTube, Money Matters, Ben Hakham CEO at Traderoutes Capital.