The AI boom has powered record profits and towering valuations, but November’s hesitation marks a potential turning point. As sentiment cools, diversification and disciplined risk management become essential to navigate an increasingly narrow market.

Three years into the post-2022 recovery, global markets remain resilient. As inflation cools and rate cuts loom, investors are navigating the shift from policy-driven momentum to earnings-led growth. The next leg of the bull market may hinge on sector rotation and disciplined portfolio positioning.