Feb 4, 2026 6:35 am
FOMC Meeting and Broader Central Bank Context After last year’s frenzy of rate cuts, 2026 has started in a more nuanced way. Last week’s FOMC meeting confirmed that the Federal Reserve has transitioned beyond the cycle of consecutive rate cuts to a “show us why we should cut” phase, where its decisions will be guided…
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Feb 3, 2026 4:55 am
After the strong gains in markets in 2025, it was almost wishful thinking to believe that markets could replicate such returns in 2026. However it is worth observing that from a macroeconomic perspective 2026 has stated well. As chart 1 shows the economic growth data has largely beaten expectations leading to upgrades to forecasts. Global…
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Jan 28, 2026 12:00 am
• Beyond the Davos rhetoric, markets are moving towards Canada PM Carney’s vision of a polycentric world shaped by changed capital flows and state balance-sheet credibility. • Precious metals (Gold +9%) , LatAm equities (+5%), and non-USD currencies are signalling regime change, not cyclical noise. • Portfolios should reduce US concentration and increase exposure to…
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Jan 27, 2026 7:12 am
Debate around artificial intelligence has become overly focused on existential or ethical risk, while a more immediate and historically familiar danger receives less attention: financial fragility created by private-market excess. The current capital-raising efforts of OpenAI, including a high-profile funding tour through the Middle East, provide a timely real-world context in which to examine this…
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