2021:2 Failed French takeover, US resto, semi (again), non-profitable tech winning and oil majors renewable investments
observingthemarket.substack.com
Second write-up for 2021. Equity markets show a positive return year to date. EM (Asia) is winning regionally. I feel however lots of things going on underneath the small plus (as always I guess). Semi newsflow keeps coming - with TSMC capex pushing a range of semi capital equipment names higher. In the meantime - big tech is flat since the summer (also: the value trade - banks and oil - is up since US elections). And we had a failed takeover bid for a French company.
2021:2 Failed French takeover, US resto, semi (again), non-profitable tech winning and oil majors renewable investments
2021:2 Failed French takeover, US resto, semi…
2021:2 Failed French takeover, US resto, semi (again), non-profitable tech winning and oil majors renewable investments
Second write-up for 2021. Equity markets show a positive return year to date. EM (Asia) is winning regionally. I feel however lots of things going on underneath the small plus (as always I guess). Semi newsflow keeps coming - with TSMC capex pushing a range of semi capital equipment names higher. In the meantime - big tech is flat since the summer (also: the value trade - banks and oil - is up since US elections). And we had a failed takeover bid for a French company.