“As allocators continue to race into AI companies in emerging markets, entire industries are being overlooked, including financials, leaving plenty of available opportunities.” Though they may require more patience, there are “opportunities in emerging and frontier markets outside the overcrowded AI play.” Large allocators are starting “to slowly but steadily migrate capital overseas” in light of the “overconcentration of large-cap tech stocks in the U.S.”
Tags: AI, Allocators, Capital, Companies, Emerging markets, Financials, Frontier markets, Industries, Large-cap, Opportunities, Overconcentration, Overcrowded AI, Overlooked, Overseas, Race, Tech stocks, U.S.
“President Trump has spent the past two years trying to subvert American democracy. On Tuesday, voters stood up to him.” They repudiated Trump’s attempts “to manipulate the midterm elections” and rejected “the Republican Party that has enabled him.” Americans resoundingly “showed that the power to choose their leaders belongs to them. Now they must remain vigilant until officials certify every race and the winners take office.”
Tags: Certify, Democracy, Leaders, Manipulate, Midterm elections, Officials, Rejected, Republican, Repudiated, Subvert, Trump, U.S., Vigilant, Voters, Winners
“Markets surged Wednesday after American voters dealt a resounding blow to key pillars of President Trump’s economic agenda, from an unrestrained AI build-out to the costly war in the Middle East.” The blue wave may have initiated a “regime change in markets” that could potentially tame the excesses vexing investors. U.S. stock indexes rose “on hope that legislative gridlock, an AI slowdown and checks on presidential power will mark the start of a new era for the economy.”
Tags: AI build-out, Blue wave, Economic agenda, Economy, Excesses, Investors, Markets, Middle East, New era, Resounding, Stock indexes, Surged, Trump, U.S., Unrestrained, Voters, War
British companies now “risk being hacked to death.” The UK has reached a turning point where “institutions and companies can either sit back and watch their outdated hardware and software be overwhelmed by cyberattacks turbocharged by artificial intelligence or they can invest in new technology and practices and fight back.” There is really no choice. “Firms have an obligation to update their systems to meet the threat posed by AI-assisted cyberattacks — by law, if necessary.”
Tags: AI, Companies, Cyberattacks, Hacked, Institutions, Invest, Obligation, Outdated hardware, Overwhelmed, Practices, Risk, Software, Technology, Threat, UK, Update
The Reserve Bank of Australia (RBA) “raised its benchmark cash rate by 25 basis points to 4.85% on Tuesday, the highest level since November 2008.” The RBA’s move was anticipated as “as the country continues to grapple with high inflation, with the consumer price index rising 4.3% in September, up from 4% in August.” The RBA is navigating a difficult course as it tries “to bring inflation back under control while higher borrowing costs and cost-of-living pressures weigh on households and activity.”
Tags: 2008, 25 BPS, 4.85%, Benchmark, Borrowing costs, Cash rate, Cost-of-living, CPI, Grapple, Highest, Households, Inflation, RBA
Canada has been a “limping moose,” with per capita GDP growth of “only about 4% in the ten years to 2025.“ The underperforming economy had fueled separatist movements. Now under economic threat from the U.S., there may somewhat ironically be a better chance of economic and social recuperation. “For all that Mr Trump has tried to take from Canada, his gibes and attacks have given it something in return: a widespread, seething outrage that, harnessed wisely, could make many of its problems easier to fix.”
Tags: 2025, 4%, Attacks, Canada, Economy, GDP, Gibes, Growth, Limping moose, Outrage, Problems, Separatist movements, Threat, Trump, U.S., Underperforming
“Chinese electric vehicle sales in Europe are growing rapidly. Chery has tripled sales in Europe in the past year; BYD has doubled; Geely is up a third; and SAIC is up 23%.” Together they now account for 14.6% of the EV market based on data from the European Automobile Manufacturers’ Association. Despite EU duties and tariffs of 45%, “Chinese cars are still over 20% cheaper to buy.”
Tags: 45%, BYD, Cheaper, Chery, China, EU duties, Europe, EV market, Geely, SAIC, Sales, Tariffs, Tripled
“The U.S. national debt reached 100% of gross domestic product for the fiscal year that ended Sept. 30, hitting the triple-digit mark for the first time since 1946.” Public debt climbed to $32.2 trillion or 100.03% of GDP. “The U.S. is moving steadily closer to breaking the 1946 record of 106%, an increase that reflected the heavy borrowing needed to win World War II.”
Tags: $32.2 trillion, 100.03%, 106%, 1946, First time, GDP, Heavy borrowing, National debt, Record, U.S., World War II
“Few investors have a considered view of where they stand on” issues central to AI. “That would matter less if AI were a small part of portfolios, but Alphabet, Amazon, Broadcom, Meta, Microsoft, Nvidia and SpaceXAI make up about a fifth of the MSCI World index” and “the upcoming blockbuster Anthropic IPO will give many more investors a direct stake in one of the companies building the most capable artificial intelligence models.” Investors need “clear AI investment beliefs” to “fully understand the risks that society’s reaction creates for its holdings. These are material risks and investors have fiduciary duties to understand them, so it is imperative that they do this work.”
Tags: AI, Alphabet, Amazon, Anthropic IPO, Broadcom, Fiduciary duties, Holdings, Investors, Material risks, Meta, Microsoft, MSCI World index, Nvidia, Portfolios, Reaction, Society, SpaceX
“Saving the only planet we have makes good economic sense. There is, after all, no money to be made on a dead Earth. There may be costs involved now, but they are worth paying to protect our children from certain destruction.”
Tags: Certain destruction, Children, Costs, Dead, Earth, Economic sense, Money, Now, Planet, Protect, Saving
« Older Entries
