Chip Stocks Are Booming. What Could Go Wrong?
Add political risk to valuation and concentration risk.
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Welcome to the award-winning Money Distilled newsletter. I’m John Stepek. Every week day I look at the biggest stories in markets and economics, and explain what it all means for your money.
I want to park Britain’s political fun and games for today, but I’ll give you a quick update: sovereign bond yields are higher across the board because the Iran ceasefire is again looking to be on shaky ground.