Event NA Drop-in: Is the AI bubble already deflating? 11th November 2026, 3:00PM GMT There was a big rally in equities the day after the mid-terms but the AI equity boom still looks under pressure. A week on from the results, we consider whether the AI-driven equity rally is ending...
Capital Daily AI boom runs into US politics buzzsaw Growing fears about the sustainability of the AI buildout in the context of the major shift in US politics have led to another bruising day for tech stocks. Whether the mid-terms shock turns out to be... 5th November 2026 · 4 mins read
Capital Daily Three key points on the blue tsunami & US markets While the equity market has, in aggregate, reacted positively to the US mid-term election results, the extraordinary gains for the Democratic party poses another potential headwind to the AI trade... 4th November 2026 · 5 mins read
Asia Economics Update Solid external position a buffer for the rupiah, for now Indonesia has a relatively solid external position, with the current account deficit still small and foreign exchange reserves comfortably covering the country’s short-term external financing needs... 4th November 2026 · 3 mins read
Capital Daily AI worries have broadened With a double-digit fall in oil prices failing to lift the IT sector and more firms being caught up in the AI bust, there is growing evidence that this downturn in AI stocks may prove more durable... 3rd November 2026 · 4 mins read
Asset Allocation Chart Pack Interactive Markets Chart Pack We have updated our Interactive Markets Chart Pack with our views on the latest developments in global markets, and how we expect them to perform over the coming years. Note: This Chart Pack is... 2nd November 2026 · 1 min read
Capital Daily The bond market’s troubles may be drawing to a close We continue to think that less-hawkish-than-expected monetary policy and the bursting AI bubble will give bonds a further boost over time. 2nd November 2026 · 5 mins read
Capital Daily Capex concerns cast a darkening shadow over the S&P 500 Today’s ‘tech-led’ rout in the S&P 500 follows recent results from four of the US hyperscalers that were also mostly poorly received. The sombre mood seems largely to reflect investors’ growing... 30th October 2026 · 4 mins read
India Economics Weekly Jio’s blockbuster IPO highlights India’s digital boom Jio Platform’s stunning IPO this week serves as a reminder of how rapidly India’s digital economy has expanded over the past decade. Affordable mobile internet has brought hundreds of millions of... 30th October 2026 · 3 mins read
Emerging Markets Financial Risk Monitor EM Financial Risk Monitor (Oct. 2026) Our proprietary financial risk indicators show that most countries remain well placed to withstand recent shocks, including rising energy prices and higher global bond yields. Our aggregate EM... 29th October 2026 · 8 mins read
Latin America Economics Update Brazil’s market rout threatens growth more than inflation The post-election fall in the Brazilian real is likely to add only modestly to inflation over the next year. The bigger concern is the sharp rise in bond yields which, if sustained, threatens to... 29th October 2026 · 4 mins read
Middle East & North Africa Economics Weekly Diplomacy stepped up, IMF in Egypt, Bahrain support There has been a step-up in diplomatic efforts over the past week to avoid a renewed escalation of the Iran war. While Iran is enduring severe economic pain, regime hardliners may still be willing to... 29th October 2026 · 5 mins read
Equities Update Can blockbuster S&P 500 EPS growth continue? Our base case is that the surge in S&P 500 earnings per share (EPS) since the start of the AI revolution won’t continue next year. Indeed, we suspect it will partly reverse, undermining the index in... 29th October 2026 · 5 mins read
Asset Allocation Update Where to hide in equities if the AI boom turns to bust Energy and financials have fared well in tech selloffs over recent years, but we doubt they would continue to do so if the AI boom turned to bust. Traditional defensive sectors remain the best bet in... 29th October 2026 · 3 mins read
China Chart Pack China Chart Pack (Oct. 2026) Our China Activity Proxy suggests that growth weakened further in Q3, in contrast to official figures which showed growth picking up. Exports continued to outperform on the back of strong AI and green... 29th October 2026 · 1 min read
Australia & New Zealand Chart Pack ANZ Chart Pack (October 2026) Our ANZ Chart Pack has been updated with the latest data and our analysis of recent developments. Underlying inflation in Australia gained traction in Q3, while leading indicators suggest that it will... 29th October 2026 · 1 min read
