Ayna Stories

Byte-sized updates from Ayna team
LATEST STORIES
Latest Stories

Are Industrials Poised for a Renaissance?

Overall, 2023 was a great year for stock markets: a strong rebound doubled S&P 500’s value when compared to year-end 2018. Behind the 2023 recovery were corrections in fundamentals (inflation falling to about 3% after peaking at 9% in June 2022, unemployment held steady at 3.5% for more than 18 months, and crude oil prices rebounded to 2019 levels), as well as anomalous trends, such as generative AI surge ($2.2 billion in private equity and venture capital investments in 2023 alone).

Gaurav Batra, Nidhi Arora, Chinmaya Singh
May 27, 2024