Volatility, Rise And Repeat…

Another week and more volatility, as fears over AI investment profiles and wildfire AI disruption rippled across sectors including insurance brokers, wealth advisors, real estate services and logistics. Conflicting economic indicators also amplified uncertainty, though in the end Gold remained a buttress against the storm. The Global MSCI Index was flat for the week, while the All Countries Asia Ex Japan rose 1.91%, and after the Japan election the Nikki was up 4.95% for the week, though down 1.21% on Friday. The Australian share-market fell on Friday as fears of AI-driven over-investment and disruption to software companies triggered broad selling with the S&P/ASX 200 Index down 1.4 per cent, with nine of the 11 sectors lower although the benchmark gained 2.4 per cent for the week. European shares ended down slightly amid the AI concerns. The pan-European STOXX 600 index closed 0.13% lower though it capped a turbulent week with a marginal gain of 0.09%. US equity benchmarks closed mixed, almost entirely reversing their morning advances, as the halo from January’s consumer price data faded and investors positioned for a three-day break. US markets will be closed on Monday for a holiday. The Dow Jones Industrial Average rose 0.10%, to 49,500.93, the S&P 500 rose 0.05%, to 6,835.08 and the NASDAQ Composite fell 0.22%, to 22,546.67. For the week, the S&P shed 1.4%, the Dow fell 1.2%, and the NASDAQ was down 2.1%. Gold futures were up 1.98% on Friday, at 5046 as soft inflation data supported hopes for Fed rate cuts and from some safe haven demand after reports said Washington planned to deploy a second aircraft carrier -- the USS Gerald R. Ford -- in the Middle East, as nuclear talks with Iran faltered. Silver was at 77.96, and Brent Oil at 67.73 and down slightly for the week. http://www.martinnorth.com/ Details of our one to one service are here: https://digitalfinanceanalytics.com/blog/dfa-one-to-one/ Go to the Walk The World Universe at https://walktheworld.com.au/ Find more at https://digitalfinanceanalytics.com/blog/ where you can subscribe to our research alerts Please consider supporting our work via Patreon: https://www.patreon.com/DigitalFinanceAnalytics The full detailed set of post code data is available as a subscription service. Or make a one-off contribution to help cover our costs via PayPal at: https://www.paypal.me/MartinDFA We also can receive bitcoins at: 13zBL1oRib9VJu8Uc9zUGNhxKDBBgUpDN1 Please share this post to help to spread the word about the state of things.... Caveat Emptor! Note: this is NOT financial or property advice!! 🚨BEWARE OF SCAMMERS🚨 As there are accounts impersonating Walk The World in the comments on YouTube, note that our comments will have a distinguishable verified symbol. And remember that we will never message you asking you to give us money or talk to us on other platforms such as WhatsApp or Telegram