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Experts
3 febbraio 2026

Syconvictions - February 2026

While concentration shaped markets in 2025, our message for the year ahead is clear: we have a constructive outlook for 2026. Our core scenario combines resilient growth and gradual disinflation, as the world’s central banks remain cautious. In this environment, three reflexes will matter:

Faced with some “obvious” narratives, investors should be wary of the consensus. Today, no one would deny that AI is a powerful theme; the danger does not lie in the technology itself, but rather in paying sky-high prices for a promise. Our approach is to maintain exposure, avoid over- concentration, and diversify across the different links that make up the AI value chain.



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Syconvictions - February 2026

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