The market has experienced significant changes since our last strategy piece. For one, the Fed dot plot came lower during the December meeting. This development is on the heels of a lower predicted inflation number for 2024. The markets appreciated the dovish stance and took off in the new year. Secondly, last year conflicts continue to hurt supply chains and the business environment, which does not bode well for taming inflation. Finally, investors seem to find difficulty wrapping their heads around the colossal investments in AI and what that means for their portfolio holdings. We share our thoughts on how to position at this juncture. You can download our Presentation by clicking on it.