there’s been a big shift in financial markets this week and it’s going to set us up for the rest of 2024 a number of things have happened firstly we’ve seen a weakening in US economic data spurring further concerns around a recession meanwhile earnings haven’t lived up to expectations partly due to Big tech companies not living up to the forecast around the impact of artificial intelligence we’ve seen Apple Amazon missing expectations we did see Intel dropping 20% as they announced that they would holdt their dividend and cut around 15,000 jobs thirdly we’ve been looking at the Japanese Yen which is soaring Weighing on the dollar across the world and hitting a number of markets as a result Traders are flocking to bonds instead and the US Treasury yield on the 10year below 4% all of this combined means it’s a very different financial markets Outlook to the one we expected earlier this week