Aug 31, 2026 10:51 am
Two forces pushed markets in opposite directions last week. Nvidia’s quarterly results provided a fantastic boost to the AI investment theme. Meanwhile, Federal Reserve Chairman Kevin Warsh sounded cautious on inflation, saying it was still too high and suggesting that interest rates needed to rise. Nvidia encapsulates the bull market. The chipmaker delivered almost everything…
Read More
Aug 24, 2026 10:28 am
The United States still enjoys some extraordinary advantages: the world’s deepest capital markets, its leading technology companies, the dollar’s reserve currency status, and an economy that has repeatedly confounded those predicting its demise. But markets are increasingly being made to believe in something that really doesn’t add up — exceptional growth, heavy private investment, extraordinarily…
Read More
Aug 17, 2026 9:20 am
Markets keep pretending the bond problem is about inflation and the Fed. It is not, or at least not only. The uncomfortable truth is that too many credible borrowers now want the same pool of capital at the same time. Governments are running deficits as if savings were limitless, while AI, defence, grids and energy…
Read More
Aug 14, 2026 7:13 am
• Middle East risks remain elevated, keeping energy and shipping routes under pressure. • Middle East developments are a key risk to global inflation, even as growth remains resilient. • India’s economic activity remains resilient, while external account pressures have moderated. • Q1FY27 earnings are sustaining the recovery, while valuations remain reasonable. • We remain…
Read More
