Darius McDermott: Building a resilient portfolio in a concentrated market

The SpaceX IPO has brought another expensive technology stock to a market that is already over-flowing with them. The concentration within global markets on a single market, the US, and a single technology, artificial intelligence, remains a worry for all investors. A wave of upcoming IPOs is only likely to increase that concentration. To date, it hasn't hurt markets' performance, but there is a worry it is storing up trouble for the future. There are other challenges in building a balanced portfolio in this environment. There is a growing correlation between bonds and equities, for e...