Commentary

Nvidia’s latest results show why investors should separate operating profit, investment gains and cash collection before judging earnings quality.

The 2026 U.S. midterms will reshape the path for taxes, spending and regulation. Their economic and market effects depend on what becomes law—and how it changes profits and borrowing costs.

U.S. productivity rose in the second quarter and unit labor costs cooled, but falling real compensation and a record-low labor share complicate the good-news story.

Singapore’s upgraded 2026 growth outlook masks a two-speed economy: AI investment is lifting output while imported energy costs push inflation higher.

Long-term government bond yields can remain elevated even when policy rates fall. Fiscal supply, term premiums and reduced central-bank buying explain why—and what it means for investors, businesses and households.

India’s economy grew 7.8% in Q1 FY2026–27, led by services and industry. The uneven sector mix explains what the headline means for the RBI, businesses and investors.

Nvidia’s latest quarter confirmed exceptional AI-computing demand. The more consequential disclosure is a $279 billion supply and capacity commitment that increases both its ability to grow and the cost of getting demand wrong.

Kevin Warsh did not promise a rate hike at Jackson Hole. He set a tougher test for holding steady—and signalled a quieter, less predictable Fed.

A resilient multi-asset portfolio depends on how investments respond to different economic shocks—not how many asset labels appear on a statement.

Gold, silver and platinum share a rally, but not the same drivers. Here is what rates, industrial substitution and supply deficits mean for the outlook.