Mark Perchtold, founding director of OMBA, delves into the stock market’s Bull v Bear debate, shedding light on the current dynamics. He highlights that while last year was clearly a bear market, this year has seen the ascendancy of the bull, which holds significant implications for investors. Perchtold emphasizes the need for a more defensive approach, particularly after the impressive performance of certain stocks, notably Big Tech, which he accurately predicted six months ago were likely to enjoy a recovery. Furthermore, he discusses the recent surge in Artificial Intelligence stocks, drawing parallels to the dot-com boom and subsequent bust of 25 years ago. Perchtold provides valuable insights into OMBA’s current portfolio structure, highlighting its diversification and areas of overweight positioning. He spoke to Alec Hogg of BizNews.
