Analysis: Must Read

Data centers: Will AI blow the electric fuse?

Digital technology was once thought to be weightless. A click, a query, a video, an image generated by artificial intelligence: it all floats somewhere in the cloud, that convenient metaphor that...

For Tim Duy, Kevin Warsh's Fed must prepare markets for a rate hike

Tim Duy, Chief US Economist at SGH Macro Advisors, believes that the central question is no longer when the Fed can cut rates, but rather whether it should instead prepare investors for a further rate...

EU-US Trade Deal: Much Ado About Nothing

European negotiators likely didn't miss out on great literature by skipping Donald Trump's The Art of the Deal, but one thing is certain: they are not emerging as the victors of this bilateral trade...

Beyond Models: OpenAI and Anthropic Pivot Towards Implementation

The line between model providers and consulting firms is blurring as partners increasingly become competitors.

Kevin Warsh takes charge of the Fed under pressure from Trump and the markets

Kevin Warsh was sworn in on Friday as the new Chair of the US Federal Reserve during a ceremony held at the White House in the presence of Donald Trump. The former Fed Governor, who previously served...

The Week's Best Reads: Vibe Coding, the World's Worst Job… and Limitless Betting

A week of deep questioning. Is being Prime Minister the world's worst job? Should everything be subject to a forecast? Did Generation Z already exist two centuries ago? And should AI be allowed to...

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...

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.

The Legislation That Could Forever Change the Future of Crypto in the US

For years, the American crypto industry has developed within a regulatory fog. Entrepreneurs launched tokens, investors bought in, platforms listed assets, regulators litigated, courts arbitrated, and...

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...