Four names in the portfolio deserve special attention: Starbucks, Estee Lauder, Apple and Wynn Resorts.
China's long-awaited rebound from the Covid pandemic is floundering: On Tuesday, the country's central bank unexpectedly cut interests in hopes of fixing a "confidence crisis" in the economy . The news had us once again revisiting the portfolio's exposure to China. The chart below is meant to provide a high level view of the revenue exposure each of the 35 companies in our portfolio has to the world's second-largest economy.
A textile factory on December 30, 2022 in Jiangxi Province. Chinese manufacturing activity contracted at its sharpest pace in nearly 3 years in December.China's long-awaited rebound from the Covid pandemic is floundering: On Tuesday, the country's central bank unexpectedly cut interests in hopes of
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