What market trends should you be aware of for the 2nd quarter 2024?

For our 2nd quarter strategy, we need to address the following questions before we decide on our country/sector asset allocation:

• Is US inflation finally over?

• Is the US magnificent Seven’s price rally peaking based on valuation?

• Buoyed by government stimulus, is the downtrend for Chinese equity finally over?

• After the recent rally, are valuations excessive?