Dow closes at a new record, how to view international markets: Market Domination Overtime

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Dow Jones Industrial Average Nyheter

Nasdaq Composite,Federated Hermes Head Of International Equity Gro,Julie Hyman

It was a mixed day for Wall Street, with the Dow Jones Industrial Average (^DJI) closing at another record high, while the S&P 500 (^GSPC) and Nasdaq...

And let's see where the major averages ended the day and the week for that matter, we have the dow up 138 points.If you look at the five day here for the, do you have a little bit of a bump on a huge one but still and up week here.Remember it had another record close yesterday before coming down and is still higher on the week.

But there are still remaining a lot of questions about the sustainability and the effectiveness of some of those stimulus measures that they're taking there. And so we are seeing a bottoming if you will of the global economic landscape, which we believe is currently being helped by obviously some of this um monetary uh deflationary pressures that are brought to bear by the fed and by the uh TB OC.I mean, if you look at, you know, we know you look at international equities, if you look at the US versus the rest of the world with that stimulus, mo at least monetary stimulus coming in here in the US, all kinds of stimulus coming in in China.

So on the margin we've been adding to China over the course of the last 3 to 4 months, uh but not in large scale. And they've got some great companies um involved and everything obviously from uh technology uh as well as in um some of the more even local banks which are gonna be big, big beneficiaries of not just the uh TSC the Tokyo Tokyo stock exchange reforms, but also of obviously rising interest rates, rising inflation, something that Japan has literally not seen in over a generation.

They basically started to raise rates early in in the cycle when they saw the first, if you will inflationary pressures. And so we've taken the right steps in, we again, are, are uh doing it in the right way to be regulated so that we can move money safely and securely for our consumers and make sure that their money is protected.

Of course, still this year, about 145% for those who are looking for alternative ways to take advantage of the stocks run.We've got Jim Stroger, Kino Capital managing partner.It was up on the week, however, um and it's been like this interesting trade with A I where it runs up and people say, well, maybe it ran up too much and then it comes down, then it runs up again.Well, the way we're thinking about it is we have investors coming to us saying I've got too much NVIDIA.

It touches utilities, it touches uh energy infrastructure, it touches everything into the data centers, it touches water, it touches construction companies. So look at some of these miners now it's not apples to apples per se, but still from a valuation uh perspective using a deal that was just done a couple of weeks ago, you can overlay that on some of these miners and get a sense of the fact that their valuation are multiples away from a deal that was just done in Australia.So the way we're thinking about this with some of our clients is if you're overweight, NVIDIA, let's start working out of that gradually.

And that's how you're sizing that position, you turn around, you buy a 20 strike call, couple things here.You also, as I mentioned, core weave is expected to make it announcement in the next week about an additional 120 megawatts of, of uh compute power that they're gonna contract with core scientific near term catalyst.

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