Company Interview / "Now's the time to be a little bit more cautious..."

David Sokulsky from Carrara Capital highlights the resilience of the economy amidst persistent inflation and strong economic data. He suggests that rate cuts aren't necessary now, given the current environment. The focus remains on Trump's policies and the associated volatility.

David emphasises the potential in China's tech sector, particularly in companies like Tencent and Alibaba. He views their valuations as attractive, despite Western misconceptions. While the US leads in AI, Asian markets like Japan and Korea also present investment opportunities, with companies like Samsung (KRX: 005930) and SK Hynix (KRX: 000660).

In terms of rate cuts, David sees no strong justification for a change, pointing out existing inflation and a robust labour market. He notes the importance of a steady central bank leader and how this stability can influence investment confidence.