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A great start, a rough finish. The market had its best bank-earnings week ever and a cool inflation report — then the AI trade got rattled. On Friday, a Chinese startup released a powerful new AI model at a fraction of U.S. prices, reviving fears that American companies are overspending on chips. The chip sector fell into a bear market, down 20% from its June peak. But this was a narrow AI-and-chips repricing, not a broad panic — the Dow held up far better than the Nasdaq. Full recap on the Bell
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The R5 million no man’s land. 4AM Wealth (Pty) Ltd is an authorised FSP (FSP 47249). Model portfolios and performance data shown are factual and illustrative only. Past performance is not indicative of future results. No investment guarantees are provided. Investments carry a risk of loss. Assumptions in examples may not reflect actual or future market conditions. This content is not personalised financial advice. Seek independent financial, legal, and tax advice. Governed by South African law.
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