US equities remain in demand despite the current policy uncertainty, with bargain-hunting continuing to prevail over safe-haven investments The dollar surged post-election but fell back after President Trump’s inauguration, as his delay in implementing tariffs postponed by a few months any potential increase in inflation As overall default risks ease, investors are increasingly targeting undervalued stocks outside the tech sector, mitigating the risk of an AI-driven optimism shock Corporate prudence, such as efficient inventory management, is increasingly valued