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Sunday, 18 October 2026

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Barclays’ Cau says the best of the AI trade may be over

Another selloff in AI names broadened to encompass most of Tech, sending the Nasdaq-100 to its worst week since April 2025. Five sectors though would finish the week up 2% or more, as 30-year Treasury yields fell the mo…

CPI Hotter Than Expected: Is a Hike Back on the Table?

As we noted in prior commentaries, last month’s softer-than-expected CPI and PCE reports, along with weak labor data, gave the Fed room to wait on further rate hikes. Yesterday’s CPI data takes some of it back.

Japan, U.S. reach first chip deal under $550 bln investment plan

A significant component of the United States–Japan trade deal announced in July 2025 is a $550 billion loan fund, which could be an important basis for the two countries’ future economic security, industrial revitalizat…