BNP Paribas and UBS Global Wealth Management Highlight U.S. Economy’s Resilience The U.S. economy is once again in the spotlight, with The Economist calling it the envy of the world in a recent cover story. While some, like Brett Donnelly from Spectra Markets, have noted that such magazine covers often...
The Dow Jones Industrial Average’s performance as a predictor of U.S. presidential election outcomes warrants serious consideration. There is a strong correlation between the Dow’s year-to-date return through mid-October and the chances of the incumbent party winning the presidency. This relationship is statistically significant at a 97% confidence level. Currently,...
Yardeni Research remains unconvinced that recent stimulus measures will make China a more attractive investment than the U.S. or India, stating that “it would take much more than interest-rate cuts, easier financing, and fiscal stimulus.” Chinese stocks have been under pressure, with recent declines wiping out gains from the September...
Matt Rowe, head of portfolio management and cross-asset strategies at Nomura Capital Management, warns that “higher degrees of inflation are our reality moving forward.” Investors are increasingly anxious about inflation risks that haven’t yet been factored into the bond market, especially with the upcoming November 5 presidential election looming. As...
This rise is largely due to stronger-than-expected economic data, including falling unemployment and persistent inflation. Nearly a quarter of S&P 500 companies now have lower credit-default swap (CDS) spreads than the U.S. government, reflecting shifting market perceptions of risk. As bond trading resumes following the Columbus Day break, the U.S....
Elon Musk unveiled the Robovan and a new version of the Optimus humanoid robot at Tesla’s highly anticipated event in Southern California on Thursday night. In addition to showcasing the Cybercab, Tesla’s latest robotaxi prototype with no steering wheel or pedals, Musk introduced the Robovan, a futuristic, boxy vehicle designed...
