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...
Asia Economics Weekly Why is Korea lagging behind Taiwan? Korea and Taiwan both recorded strong export-led growth in the third quarter, but Taiwan significantly outperformed, with GDP expanding by 14.4% y/y against 3.4% in Korea. This largely reflects Taiwan... 30th October 2026 · 6 mins read
Asia Economics Update AI boom insulating Asia from the energy shock, for now Asia has proved surprisingly resilient to the energy price shock triggered by the war in Iran. Subsidies and price controls have shielded consumers from much of the increase in global energy prices... 29th October 2026 · 3 mins read
Capital Daily Tech’s growing vulnerability to rising yields Tech companies’ spending boom has arguably made them more vulnerable to borrowing costs, and they won’t get much relief from the Fed if the recent meeting is anything to go by. Our base case remains... 29th October 2026 · 4 mins read
China Economics Weekly China’s long chase after the US AI Goliath China’s AI computing capacity is expanding rapidly, but the gap with the US remains substantial and could widen further. Chinese AI models are likely to remain competitive. But limited access to... 23rd October 2026 · 4 mins read
China Economics Update GDP pick-up belies weaker domestic demand Official GDP growth picked up in Q3, but the improvement masks a further weakening in domestic demand. The detailed breakdown suggests that last quarter’s rebound was driven entirely by net exports... 21st October 2026 · 4 mins read
Emerging Europe Economics Focus Israel’s election: what it means for the macro outlook lsrael’s upcoming election is unlikely to have a major impact on the country’s near-term growth outlook or fiscal trajectory, but it will have significant medium-term implications. An opposition-led... 15th October 2026 · 18 mins read
US Economics Update How much is AI-related activity boosting GDP? We estimate that direct AI investment effects have contributed 0.3%-points to GDP growth over the past year while the wealth effects on consumption have been of a similar size. If equity values fall... 13th October 2026 · 5 mins read
UK Economics Update AI’s economic boost may arrive sooner than expected Recent data raise the possibility that the AI-related boost to the economy’s sustainable growth rate that we have been forecasting for the 2030s happens sooner. Read the full publication to find out... 7th October 2026 · 3 mins read
China Economics Weekly AI trade surplus rising, despite surge in chip imports China's trade deficit in chips and computing equipment has increasing significantly over the past year as imports have surged. But an even larger pick-up in exports of other goods required to build... 2nd October 2026 · 4 mins read
Australia & New Zealand Economics Weekly AI boost to productive capacity remains elusive We share RBA Governor Bullock’s view that the AI boom is currently doing more to boost demand than the economy’s supply side. With business surveys also suggesting that price pressures remain elevated... 25th September 2026 · 5 mins read
Bonds Focus AI debt boom: implications for Treasuries and corporate bonds Corporate bond issuance by AI-related firms has surged over the past year, particularly at the long end of the curve. This could push up Treasury term premia before long if it continues at this rate... 24th September 2026 · 9 mins read
Capital Daily The AI bubble hasn’t burst yet We don’t think the fall in tech stocks’ relative valuations means the AI bubble has burst yet, and the rally may have a bit further to go. Meanwhile, there’s potential for market-moving news at the US... 21st September 2026 · 6 mins read
Europe Economics Update AI having a small impact on EZ productivity growth Growth in output and productivity in the euro-zone’s information and communication sector is very strong by historical standards, no doubt reflecting the impact of AI. However, so far there is no... 15th September 2026 · 3 mins read
US Economics Update Leap in margins another sign of late-stage bull market The US corporate profit share has climbed to historic highs, mainly due to soaring profitability in AI-related technology sectors. But history suggests that such rapid gains in margins are difficult... 14th September 2026 · 4 mins read
