Economic Outlook - The OECD projects a less sharp slowdown for the U S and global economies this year than previously anticipated [1] - Economic momentum is expected to further decrease in 2026 [1]

U.S. stock futures fell on Monday following Friday’s positive moves. Futures of major benchmark indices were lower.On Sunday, President Donald Trump said media mogul Lachlan Murdoch and tech leaders Oracle Corp.‘s ORCL co-founder Larry Ellison and Dell Technologies Inc.‘s DELL CEO Michael Dell will take part as investors in a proposed deal to transfer TikTok‘s U.S. operations from Chinese parent ByteDance to American ownership. Speaking on Fox News’ Sunday Briefing, Trump praised the group and called them “ ...

Core Viewpoint - The mood of British consumers has dampened due to expectations of a slowing economy and potential tax increases later this year, which could lead to a greater downturn [1] Group 1 - Consumer sentiment in the UK is showing signs of decline this month [1] - There are concerns regarding the economic outlook, which is contributing to the negative consumer mood [1] - Potential tax increases later this year are adding to fears of an economic downturn [1]

Core Insights - The total flow of financial resources to the corporate sector increased to ₹35 lakh crore in FY25, reflecting a 3% rise from the previous year, but indicating a shift away from traditional bank credit, which suggests a broader economic slowdown [1][10] Funding Composition - Nearly 49% of the total resources raised, amounting to ₹17.1 lakh crore, came from non-bank channels, including corporate bonds, NBFC loans, equity issuances, and foreign direct investment [2][10] - Demand for bank credit declined by 14% to ₹17.9 lakh crore, highlighting a significant shift in funding sources [10] Equity Market Performance - Non-financial corporates raised ₹3.8 lakh crore through equity in FY25, marking a substantial increase of 188% compared to the previous year, driven by strong equity market performance [2][10] Lending Trends - The slowdown in bank credit may be attributed to cautious lending practices towards NBFCs and unsecured retail segments, as well as a high base effect from FY24 when bank credit surged by 20% [6][10] - NBFCs and financial institutions increased their lending to corporates, disbursing ₹6.1 lakh crore, which is a 20% rise [6][10] - Borrowings through corporate bonds and commercial papers by non-bank entities rose by 15% to ₹2.1 lakh crore [6][10] Internal Funding Sources - The increased use of internal accruals for business expansion has contributed to the decline in bank credit, as profitability among large corporates has improved [8][10] Policy Response - To stimulate credit demand, the Reserve Bank of India (RBI) has reduced policy rates by 100 basis points since February, following a two-year pause, and ensured ample liquidity in the banking system [9][10]

Core Insights - The total flow of financial resources to the corporate sector increased to Rs 35 lakh crore in FY25, reflecting a 3% rise from the previous year, but indicates a shift away from traditional bank credit [1][5] - Nearly 49% of the total funding, amounting to Rs 17.1 lakh crore, was sourced from non-bank channels, including corporate bonds, NBFC loans, equity issuances, and foreign direct investment [1][5] - Demand for bank credit fell by 14% to Rs 17.9 lakh crore, attributed to strong equity market performance encouraging companies to opt for share issuances over debt [2][5] Funding Composition - Non-financial corporates raised Rs 3.8 lakh crore through equity in FY25, marking a significant 188% increase compared to the previous year [3][5] - Lending from NBFCs and financial institutions to corporates rose by 20%, totaling Rs 6.1 lakh crore [3][5] - Borrowings through corporate bonds and commercial papers by non-bank entities increased by 15% to Rs 2.1 lakh crore [3][5] Economic Context - The decline in bank credit is also linked to larger corporates utilizing internal accruals for business expansion, as noted by RBI governor Sanjay Malhotra [5] - The overall flow of financial resources to the commercial sector has increased when considering non-bank sources, despite the slowdown in bank lending [5] - To stimulate credit demand, the RBI has reduced policy rates by 100 basis points since February and ensured ample liquidity in the banking system [5]

Well, we have been at record highs. Notable today, the 10-year yield near the lowest level since April. So, we're watching all that with the Fed meeting on tap.Will they go 25 or will they go 50. That seems to be the biggest question because the market is convinced nearly 100% you're going to get at least 25. So, Weiss, the question is, what do stocks do.That's question number one for today. JP Morgan's trading desk says this could become a sell the news event. I've heard that from others as well because th ...

This data is good for bonds, it's questionable for equities. Equity futures just about unchanged. We'll see if this move sticks.But at the front end of the curve, we're down six basis points. And as Lisa pointed out, we're down across the curve. And this is largely because of the way the Federal Reserve has set things up.Coming into September, he basically told us the following, that you could have a one off effect on inflation, but not all at once. And the labor market data was concerning. Kim, which is wh ...

Core Insights - PwC is reducing entry-level recruitment in both the UK and US due to economic factors and the impact of AI on job roles [2][3][7] Group 1: UK Recruitment Changes - PwC UK will hire 1,300 graduates and school leavers this year, down from 1,500 last year [3] - The UK economic slowdown and decreased investment are the primary reasons for the reduced graduate intake [4] - AI is reshaping job roles, with current investments in skills offsetting more significant disruptions, though this balance may change in the future [5] Group 2: US Recruitment Changes - PwC US plans to cut graduate hiring by one-third over the next three years [8] - The decision to slow down hiring is linked to transformation efforts, AI impact, and offshoring strategies [8] - The global labor market is increasingly competitive, prompting PwC to consider a global approach to maintain competitiveness [9] Group 3: Industry Context - Other firms, such as Deloitte UK, have also reduced their graduate and apprentice hiring in recent years, indicating a broader trend in the industry [11]

New economic fears today after another US job report falls below expectations. Just 22,000 positions added in August compared to TW to 75,000 rather predicted and June numbers were also revised downward. Joining me now is Laurian Lorocco, senior editor of guests and global supply chain reporter for CNBC.Laurianne, it's good to see you again. So, let's get to the actual numbers which show a stark decline from predictions and the unemployment rate thus rose slightly to 4.3% a level not seen since 2021. What d ...

The Labor Department reports the United States economy added only 22,000 jobs last month, which is well below expectations. It is another worrying sign that the president's economic policies could be slowing our economic growth. In response, the president and his closest adviserss are taking a new line. Just wait until next year. It's going to be great. All right, the night cap is still here. Brendan, >> here's what I see from this report. >> All right, >> the president and the market are going to get what ...