Spain continued to record strong growth, cementing its status as the euro area’s top major economy https://t.co/JTLKaRr0JU ...

The limited impact of tariffs on current earnings conceals a potentially lasting effect on future growth. For when it comes to investments in that growth, America’s non-AI businesses look as paralysed by the uncertainty as deer in the headlights https://t.co/vHSJipvGpo ...

Capital Flow - Initially, there was a modest shift of capital out of the US dollar into Europe, driven by a significant overweight in dollar-based assets [1] - In the last two months, capital has been returning to the United States [1] - Most global investors maintain a substantial overweight in US assets [4] - The US is considered the most favorable location for overweighting investments for at least the next 18 months [4] Economic Growth - Over 40% of the US economic growth in the second quarter was attributed to CapEx for technology [2] - CapEx investments, including data centers, power gas exploration, and gas turbine construction, are more prevalent in the US than in Europe [3] - The significant disparity between US and European GDP is partly due to these factors [4]

CBC exclusive Huntington Bank share CEO Steve Steinhower. He oversees more than a thousand locations across 14 states. Uh so good to have you today, Steve.Appreciate it. Um I want to start on cost synergies. Uh because that was a big topic of conversation on the call you had with analysts today.It looks like about 365 million pre-tax that's being targeted from this integration. 30% of cadence is forecasted 20 27 uh non-interest expense. How confident are you you'll be able to get there and what do you need ...

Gross domestic product (GDP) growth is the most popular way to measure economic growth. Actions that the president takes while in office can influence GDP growth, as can events such as recessions, pandemics, or wars. https://t.co/hxe1hUAhnO ...

Joining us now for more is Olria Hoffman, Bchardi, CIO of America's and global head of equities at UBS Global Wealth Management. It's great to see you, Olri. >> Great to be here.>> Talk to me a little bit about your thesis about what is the momentum behind the stocks on this tear and what fuels it higher. Yeah, we have been selectively bullish before in the US, especially around technology and artificial intelligence, but now we think the macro picture is turning and things are going to be brighter on the h ...

Economic Growth & Policy - China aims to maintain "reasonable" economic growth while drafting the next five-year development plan [1]

Core Insights - Asia-Pacific economies performed better than expected in the first half of the year, indicating resilience in the region's economic performance [1] - The International Monetary Fund (IMF) cautions that the full impact of U.S. tariff increases is still uncertain, which could affect future growth [1] - A slowdown in growth is anticipated, suggesting potential challenges ahead for the Asia-Pacific region [1] Economic Performance - The Asia-Pacific region showed stronger-than-expected economic results in the first half of the year, reflecting a more robust economic environment than previously forecasted [1] - Despite the positive performance, the IMF highlights that the ongoing trade tensions and tariff hikes from the U.S. could pose risks to sustained growth [1] Future Outlook - The IMF's warning about the unclear effects of U.S. tariffs suggests that businesses and investors should remain vigilant regarding potential economic headwinds [1] - A projected slowdown in growth indicates that while the region has fared well so far, future economic conditions may become more challenging [1]

Earnings Season Performance - 86% of companies beat earnings expectations, which is in line with the average [3] - Strong results are seen across the board, but big upside moves are not necessarily observed, suggesting multiples may have reached a point where they can't push much higher [4] - Earnings have been a key reason for market resilience, with upward revisions of earnings estimates increasing profit estimates and providing an environment for multiple expansion [1] - Multiples tend to decrease when estimates are cut, indicating that valuations can remain high as long as numbers continue to be revised upwards [2] Bond Market and Economic Signals - Ten-year Treasury yields are below 4%, raising questions about whether the bond market is signaling concerns about equity and credit or reflecting expectations of quantitative easing or contained inflation [5][6] - The context of why the ten-year yield is falling is crucial; a falling yield due to a bad economic scenario implies lower earnings and valuations, while a falling yield due to an aggressive Fed or reduced Treasury issuance could still be beneficial for risk assets [8][9] - Fed GDP now is at 39% [5] Market Concentration and Potential Catalysts - The U S represents 30% of the global stock market, almost 50% now [10] - Concentration risk has been a topic for over a year, and past peaks of concentration (Nifty 50, tech bubble) were followed by lost decades of returns for equities [11][12] - A catalyst is needed for the concentration to unwind, and earnings growth of the "Magnificent Seven" is identified as a potential catalyst [12]

India's Talent Reverse Brain Drain - India is transitioning from a talent-exporting nation to an attractive destination for talent and opportunities [9] - Professionals and students are returning to India, indicating its growing importance as a hub for innovation and extended headquarters [9] - India's rapid economic growth, especially in technology, science, and research sectors, is a key factor driving this talent return [10] - The booming startup ecosystem, with over 160,000 registered startups, is creating opportunities and welcoming the diaspora back to India [13] - Visionary policies like Startup India, Make in India, and Atmanirbhar Bharat are encouraging professionals abroad to return and build their careers in India [15] Global Capability Centers (GCCs) - The number of GCCs in India has grown significantly, from a few in the early 2000s to approximately 1,700 today, and is projected to reach 2,200 by 2030 [16][17] - GCCs are evolving from back-office operations to innovation powerhouses, focusing on product development, analytics, and strategy [18] - The professionals and diaspora are taking on significant roles in running these GCCs in India [19] Factors Contributing to Reverse Brain Drain - Improved infrastructure, research facilities, modern education institutes, and healthcare are attracting talent back to India [19] - The availability of amenities and a lifestyle comparable to those abroad is also a factor in the return of talent [20] - Restrictive immigration policies and political uncertainties in some developed countries are contributing to the reverse brain drain [23] Educational Institutes and Innovation - Institutes like IIT Madras have incubated over 100 startups and filed over 400 patents, while IIT Kanpur has incubated over 400 startups [24] - A complete ecosystem is being built with thousands of incubators across the country, fostering innovation and attracting talent [25]