Chart of the Week
NDR: Don't call it a comeback.
How do we view the thematic landscape? We break the themes we track into three major categories: Technology, Demographics, and Global Shock. The chart here tracks the average theme rank for each of the major categories. While Technology has engineered a massive AI-driven rebound this year and is the clear leader, Demographic (mainly consumer) ranks have been fairly stable despite constant recession fears. We could upgrade within Demographics if we gain confidence the economy will avoid recession in 2024. Themes showing strength include Travel, Leisure, Homebuilding, and Millennial Spending.
Interested in a closer look at AI in the markets? Join us on Thursday, July 13 for NDR’s Artificial Intelligence webinar. Register at the link below to attend.
