Africa takes lead in emerging market rally as ‘real’ assets attract investors
Record metals prices, a weak dollar and painful reforms are paying off for the continent’s markets
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Big Tech’s market dominance is becoming ever more extreme
In a week when Nvidia’s value reached $5tn, investors in even the broadest index of global companies are now heavily exposed to the AI boom
Tariffs are expected to start showing up more in consumer prices as holiday shopping season starts
Impacts have been muted so far as companies built up inventories ahead of the duties and have absorbed some of the impact.
Israeli energy minister stalls $35bn natural gas deal with Egypt
Eli Cohen claims he is holding up agreement to obtain better commercial terms but move has upset US
Credit market hit with $200bn ‘flood’ of AI-related issuance
Jumbo debt sales to fund huge artificial intelligence capex threaten to store up new risks for investors
Universal basic credit would create a fair AI economy
Predistribution, not redistribution, is needed to close the inequality gap