Bond markets are back in the spotlight. After a period of calm, concerns about record borrowing among developed economies have resurfaced. The wake-up call came from a series of idiosyncratic events across the globe… In the US, deficit worries deepened after an appeals...

Thursday saw the S&P 500 notch a fresh high for the second day in a row, buoyed by revised Commerce Department data showing that the US economy expanded by 3.3% in Q2. The Dow also scored a new record, while the Nasdaq narrowly missed out...

Echoing the old adage that innovation is often overestimated in the short-term but under-estimated in the long run, US tech stocks lost momentum this week amid concerns of an emerging AI bubble. A recent MIT study found that only 5% of companies are currently generating...

Stocks around the world rose last week as a risk-on mood took hold. Equities touched new heights at the global level, in the US and in China. In the US, it was an eleventh-hour extension of the US-Sino trade truce and a better-than-expected CPI report...

In last week’s newsletter, we wrote about how the copper market was upended by an abrupt change to the practicalities of how tariffs would be applied. This week, it was gold that was whiplashed by such changes, proving that when it comes to tariffs, the...