Research from Goldman Sachs shows just 15 companies accounted for more than 90% of the returns of the S&P 500 from January to June 2023. Expectations are high, yet AI has yet to contribute significantly to earnings for these companies. It certainly has the hallmarks of some previous bubbles.
LEGAL ENTITY IDENTIFIER: 549300YM9USHRKIET173
Invesco Asia Trust plc
Annual Financial Report Announcement for the Year Ended 30 April 2023
The following text is extracted from the Annual.