Global bourses rallied in the second quarter, buoyed by a favorable interest rate environment and growing enthusiasm about the transformative potential of artificial intelligence. The quarter saw a persistent theme of concentrated market performance, with a select few stocks, including graphics processing giant Nvidia, dominating the landscape.
**Lazard Q2 2024 Portfolio Commentary**
Global bourses rallied in the second quarter, buoyed by a favorable interest rate environment and growing enthusiasm about the transformative potential of artificial intelligence. The quarter saw a persistent theme of concentrated market performance, with a select few stocks, including graphics processing giant Nvidia, dominating the landscape.
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