Analysis: Must Read

Are cracks appearing in the Indian miracle?

In the glass towers of Mumbai, at the heart of Dalal Street, the red screens of traders tell a story that India is no longer accustomed to reading. For years, the country has been a top pick amongst...

Market Odds and Ends: A String of Bad News

Geopolitical tensions are now being compounded by energy price shocks and the resurgence of inflation. Meanwhile, a symbolic milestone has been reached across the Atlantic: the ten largest US...

Republicans are set to lose the midterms. At any rate, Trump is doing everything he can to make it happen

Make a list of everything one should avoid doing before an election. Donald Trump is checking a lot of those boxes.

Fed considers further rate hikes amid persistent inflationary risks

US Federal Reserve officials suggested at their latest meeting that they may have to increase interest rates if the conflict with Iran continues to fuel inflation, according to minutes released on...

Fed Considers Further Rate Hikes Amid Inflationary Risks

U.S. Federal Reserve officials suggested during their latest meeting that interest rate increases could become necessary if the conflict with Iran continues to fuel inflation, according to minutes...

AI is becoming increasingly unpopular

Less than four years after the release of ChatGPT, the AI rally appears unstoppable across financial markets. However, AI is facing growing unpopularity, which could prove to be the primary headwind...

Long-term yields rattle the bond market

Long-term bond yields have returned to the spotlight in recent days, with a movement that now extends far beyond the US market alone.

Long-term yields awaken the bond market

Long-term bond yields have returned to the spotlight in recent days, with a movement that now extends far beyond the U.S. market alone.

Inflation, Deficits, and… AI: Yields Continue to Soar

Equities, however, remain resilient… for the time being.

Rate hike looms in Japan amid US pressure

The Bank of Japan appears to be approaching another rate hike at its June meeting. Despite growth now projected at just 0.5% for 2026, the institution must now contend with imported inflation that is...

Fed Doves Change their Tone

In just a few weeks, the nature of the debate within the Federal Reserve has been totally overhauled.

The Week's Best Reads: As ever, AI, and a Blinking Donald Trump

Hormuz remains the epicenter of the geopolitical world, while AI dominates the economic landscape. For a brief escape, we explore space conquest, cats, Sweden and football.

The Private Credit Pause

HSBC's decision to leave $4bn on the launchpad, revealed by the Financial Times, is more than a tactical delay. It is a telling admission that the private-credit boom, once sold as banking without the...

Kevin Warsh takes the helm of the Fed amid heightened economic tensions

On Wednesday Kevin Warsh was confirmed as Chairman of the US Federal Reserve by the Senate, which approved his nomination by a 54-45 vote. This represents the narrowest margin in modern history for a...

Kevin Warsh Takes the Helm at the Fed Amid Intensifying Economic Strains

Kevin Warsh was confirmed Wednesday by the Senate as chairman of the U.S. Federal Reserve, which approved his nomination by 54 votes to 45. The vote was the tightest in modern history for a Fed chair....

Pictet AM identifies 7 investment megatrends for 2026

Move over Magnificent 7, make way for the 7 Megatrends. In a note published this morning, Pictet AM highlights a series of themes set to underpin global growth in 2026, thereby driving long-term...

Pictet AM Identifies Seven Investment Megatrends for 2026

We knew the Magnificent Seven, now we will have the Seven Megatrends. In a note published this morning, Pictet AM highlights a set of themes expected to support global growth in 2026, and long-term...

Holcim: Cement maker seeks new status

Holcim has long been perceived as a mere cyclical cement manufacturer, exposed to energy costs and carbon quotas. However, since the spin-off of its North American operations, the Swiss group has been...

Tariff Refunds Begin in the US Following Supreme Court Invalidation

The initial wave of refunds related to tariffs struck down by the US Supreme Court has begun reaching affected companies. Several months after the ruling deemed certain taxes implemented by Donald...