New Fed Chairs are often tested early in their terms. For instance, two years after Bernanke took over the Fed, the Financial Crisis kicked into full gear. Janet Yellen was tasked with addressing stock market weakness as the Fed was…
Starting a war is easy; ending one is hard. That simple calculus is increasingly resonating in financial markets as the backlash from the Middle East conflict persists and evolves. The economic effects have varied, but the recent…
Asked if he believed that Conservative leader Kemi Badenoch wanted to let people drown in the English Channel, Lord Hermer replied: "No, no, I think if you hear some of the voices, even to the right of Kemi Badenoch, some of the language…
Italian app studio Bending Spoons, which has acquired businesses like Eventbrite, Vimeo, and WeTransfer in recent years, has filed to go public in the U.S. The company joins other names like SpaceX and Anthropic that are preparing to…
Hyperscalers Well Into The Investment Cycle
Source: Refinitiv
Our fundamental outlook on the semiconductor sector remains positive. Large technology companies are ramping up compute capacity to capture market share in the future…
SUN: OPEC/JMMC Meeting (Jun)
MON: Japanese GDP (Q1), German Factory Orders (Apr), US Consumer Inflation Expectations
TUE: EIA STEO (Jun), South Korean GDP (Q1), UK BRC Retail Sales (May), Australian Westpac (Jun), Chinese Balance of…
The Department of State, in close coordination with the U.S. Centers for Disease Control and Prevention (CDC), and in partnership with the governments of the Democratic Republic of the Congo (DRC) and Uganda, is continuing to mount a…
Tech correction accelerates, with semiconductors down 4.8%. On the heels of yesterday’s whipsaw in the market, where opening losses were largely erased by the end of the day, we find ourselves facing another strong pullback in tech this…
Due to resurging in the past three months, plus higher in the wake of the May payroll report, any Fed key cut will likely be postponed until transitory inflation cools later this year.
Speaking of inflation, Treasury Secretary Scott…
Thank you for the opportunity to speak to you.1 The U.S. economy relies on a strong and stable banking system that extends credit to households and businesses. America's…