Emerging markets have been a neglected market sector by investors for a number of years, but they are coming back into vogue. Stock markets and bonds in emerging market countries are benefitting from fresh inflows as investors around the world hunt for undervalued stock opportunities and higher yields. US dollar weakness, expectations for Fed rate…
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Markets are on tenterhooks as they await the US Federal Reserve’s September interest rate decision. On the one hand, equities have been primed for a rate cut as deep as 50bps based on economic signals such as a slowing labour market. On the other hand, hotter-than-expected wholesale inflation suggests that this is not a foregone…
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The Nasdaq and S&P 500 indices once again set fresh records this week, amid hopes that the US Federal Reserve will cut interest rates in September, with some suggesting an outsized 0.5% cut. For the Trump administration, that may look like vindication for its economic policies. Scratch beneath the surface, however, and data tells a…
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Equities markets continued to hold near record highs this week, with traders ignoring warnings that the risks of a recession in the US are rising. The Nasdaq and the S&P 500 are trading at near record levels amid optimism about big payoffs from artificial intelligence (AI) investments, a strong second-quarter earnings season, and the growing…
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Blowout earnings from Big Tech firms for the second quarter (Q2) offer some validation for the years of heavy investment these companies have made in artificial intelligence (AI). Amazon, Apple, Meta, and Microsoft all reported strong results this week that indicate that AI could be a formidable engine for earnings growth in upcoming quarters. Microsoft…
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