Jan 23, 2026
Markets, policymakers, and commentators are understandably absorbed by the immediacy of events. President Trump’s unorthodox policymaking, the visible erosion of trust in Western governments, the rise of political “hard men”, popular unrest in Iran, and the weakening of institutions forged after the Second World War dominate daily analysis. Each development is debated intensely, often framed…
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Jan 20, 2026
• US growth has been firmer than many feared • As geopolitics remains hot, tariffs are back on the agenda • We see risks of Europe experiencing faltering growth, and higher US inflation • To us, Japan is still a clean story For a brief moment late last week, it felt as though the global…
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Jan 19, 2026
• Global growth is expected to slow further in 2026, led by a deceleration in the U.S. economy. • Economic activity in India should improve driving earnings towards double digits in FY27. • Valuations have eased across most segments, though pockets of overvaluation persist • Indian equity returns may remain muted but more broad-based in…
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Jan 13, 2026
• Markets stay firm despite political volatility and mixed macro signals • Supreme Court likely to curb Trump’s tariff powers, easing trade tail risks • Jerome Powell pushes back • US tax cuts and earnings season offer near-term support, led by tech • Inflation data next week may challenge the disinflation narrative • East outperforms:…
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