Oil, Equities, and Crypto Top List of Best Performing Assets in February

As DB's Henry Allen writes, February was another very strong month for risk assets, with many major world equity indices hitting fresh record highs. That included the S&P 500, which surpassed the 5,000 mark for the first time, as well as the Nikkei, which surpassed its previous record from 1989. In part, that was because of continued excitement around AI, and the Magnificent 7 posted their best performance in 9 months. However, with inflation still above target and surprising on the upside in the US, investors pushed out the timing of future…