Jul 14, 2026 10:52 am
• The reopening of the Strait of Hormuz has eased a key geopolitical overhang. • India’s macro outlook is improving, supported by lower energy prices, a stable rupee, and progress on US–India trade talks. • Earnings growth will be the key market driver, with Q1 weakness likely to be temporary. • We remain overweight Indian…
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Jul 13, 2026 9:04 am
The Gulf conflict is neither over nor escalating in a straight line. Ceasefires have become pauses. Military actions keep happening without triggering the economic collapse many feared. The better guide to how to react isn’t the political noise, it’s how the conflict transmits through energy prices, trade, inflation and corporate earnings. Over the weekend, the…
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Jul 6, 2026 9:10 am
• A revival of the global industrial sector challenges the tech sector for market leadership. • A broadening of sector performance potentially bodes well for market performance through the Q2 results season. • Fed Chair Warsh reiterates commitment to inflation targeting. • Investors should broaden their investments by region and sector. • US internal geopolitics…
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Jul 2, 2026 9:19 am
Q2 was neither recession nor recovery in the textbook sense. The global economy absorbed a genuine shock — the Gulf disruption, higher energy costs, tighter financial conditions — without buckling, then surprised positively into quarter-end. The global economic surprise index fell sharply through April before recovering sharply through June, comfortably above trend. But the composition…
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