The team at $OPEN just accomplished something in 10 weeks with AI that they couldn't do in the last 10 years without it.This is why every major business is excited about AI and the productivity gains. https://t.co/9XXBmCpHnz ...

You provide macro analysis, you provide strategic guidance to global companies on business investment, on economic policy. And what's really interesting is you're sort of telling us and pointing towards your expertise, showing that 2026 is really going to be a prove to me moment, right. For 2025, it's been about picks and shovels and infrastructure.2026 We need the economic upside. We need the productivity gains. Yeah, absolutely.I mean, so far, right, we've had really broad based adoption of AI. About 55% ...

So, just a quick snapshot of what we're seeing this morning as we get up and running for trade. What's going to be a very busy week as I mentioned, we've got the jobs data, we've got the retail sales, we've got the CPI as well. Uh let's get to Alex Coffee now who joins me this morning.Very happy Monday to you, Alex. And we do have also some housing market data hitting the tape right now. What are you seeing there.>> Yeah, the housing market data comes in in line for December. Uh this is the NAHB housing mar ...

Group 1: Economic Outlook and Labor Market - The unemployment rate has risen to 4.4%, with job gains slowing significantly, attributed to lower immigration and labor force participation [2][16] - Fed Chair Jerome Powell expressed uncertainty about the impact of AI on the economy, noting potential productivity gains of about 2% but indicating that AI has not yet translated into labor market changes [10][11] - The Fed's recent interest rate cut of 25 basis points reflects concerns over labor market weakness, which could escalate into broader economic issues [17][29] Group 2: Corporate Leadership Changes - Coca-Cola is set to appoint a new CEO after James Quincy's eight-year tenure, with a focus on innovation in a competitive industry [4][31] - The new CEO will face challenges in maintaining innovation and adapting to changing consumer behaviors, particularly in the context of AI and health trends [5][34] - The transition in leadership at Coca-Cola is part of a broader trend of CEO changes across major consumer-facing companies, indicating a shift in strategic direction [34][40] Group 3: AI and Technology Sector - Oracle's stock has faced significant declines, with concerns about the company's ability to fund its AI backlog and the associated debt [6][22] - Analysts are scrutinizing AI companies more closely, as rising capital costs and market sentiment shift [25][26] - Nvidia's dominance in the AI sector is under threat from competitors like Google, which has developed its own advanced AI technologies [60]

Let's bring in Steve Whiting. He's the CIO of group of chief investment strategist. It's great to have you here. Good to see you again.Do you want to just top level address. I mean, do you favor the rate cut >> tomorrow. Well, look, if the Federal Reserve cuts as soon as possible, perhaps they can cut less.It really depends on how the economy evolves. And Steve Leeman's comment about, you know, a lot of the economy is just getting crumbs. Sub 1% industrial production growth, 2% drop in construction over the ...

If uh real growth rates start accelerating now uh we believe inflation will come down. Many people assume that growth means inflation. That's absolutely wrong.When real growth has picked up, inflation comes down mostly because of productivity gains. And as you know, we think that the productivity gains in this cycle are going to be outsized and sustainable. The convergence between and among those technologies we think is going to be highly deflationary.Deflationary in the good sense of the word word. When y ...

Core Insights - The Coca-Cola Company (KO) is enhancing productivity through technology, data analytics, and supply-chain improvements, leading to increased efficiency and customer satisfaction [1] - In Q3 2025, KO's operating income increased by 59% year-over-year, with comparable operating income rising by 8% [2][9] - The company is evolving into a total beverage company with a focus on operational excellence and sustainable value creation [4] Financial Performance - Comparable currency-neutral operating income grew by 15% due to strong organic revenue growth and effective cost management [2] - The comparable currency-neutral operating margin expanded by 270 basis points in Q3 2025, supported by ongoing productivity efforts [2] - Earnings per share (EPS) increased by 6% year-over-year despite facing 6% currency headwinds and higher net interest expenses [3] Competitive Landscape - Key competitors in the productivity space include PepsiCo, which is implementing multi-year productivity initiatives to enhance operational efficiency [5][6] - Monster Beverage Corporation is also focusing on productivity through strategic investments and innovation, resulting in a gross margin expansion of 210 basis points in Q2 2025 [7] Stock Performance and Valuation - Coca-Cola's shares have gained 11.1% year-to-date, outperforming the industry growth of 6.7% [8] - The forward price-to-earnings ratio for KO is 21.35X, compared to the industry average of 20.36X [10] - The Zacks Consensus Estimate for KO's EPS indicates year-over-year growth of 3.5% for 2025 and 8% for 2026, with recent estimates showing slight increases [11][12]

Core Insights - Procter & Gamble Company (PG) ended fiscal 2025 with a core EPS of $1.48, reflecting a 6% year-over-year increase, and achieved organic sales growth of 2% driven by balanced contributions from pricing and volume [1][9] - The company reported broad-based growth across nine of its ten product categories, particularly in Fabric, Home, and Personal Health Care [1] - PG returned $16 billion in cash to shareholders, demonstrating strong financial management [1] Fiscal 2026 Outlook - For fiscal 2026, PG anticipates organic sales growth of up to 4%, but faces a projected $1 billion tariff headwind that could reduce core EPS growth by approximately five percentage points [2] - The company plans to counteract these challenges through productivity gains, pricing actions, and innovation-led value creation [2] Restructuring Initiatives - PG is undergoing a two-year restructuring initiative aimed at portfolio simplification, supply-chain optimization, and enhancing organizational agility to improve efficiency and fund innovation investments [3] - New product launches, such as Tide evo and Swiffer PowerMop, highlight PG's commitment to innovation and sustaining category growth [3] Competitive Landscape - Other companies in the consumer goods sector, including Colgate-Palmolive (CL), The Clorox Company (CLX), and Church & Dwight (CHD), are also facing tariff and cost pressures that may impact their margins and growth prospects [4] - Clorox is entering fiscal 2026 with challenges related to persistent inflation and category softness, while Colgate is dealing with raw material inflation and unfavorable currency movements [5][6] - Church & Dwight is experiencing margin erosion due to rising input costs and consumer fatigue regarding price hikes [7] Market Performance - PG's shares have decreased by 3.5% over the past three months, compared to a 6.2% decline in the industry [10] - The company trades at a forward price-to-earnings ratio of 21.03X, which is higher than the industry's 18.7X [11] - The Zacks Consensus Estimate indicates year-over-year earnings growth of 2.2% for fiscal 2026 and 6% for fiscal 2027, although earnings estimates have been revised downward recently [12]

RT Marty Bent (@MartyBent)All tech is deflationary. We’ve experienced insane productivity gains over the last 50 years and yet the cost of living has risen consistently.Deflation can’t stop the ills of money printing.Deflationary tech needs to be paired with scarce money to reap the optimum benefits. ...

Core Viewpoint - The narrative suggesting the US is losing its global power is challenged by highlighting its economic resilience and strength, asserting that the US remains the strongest large economy and corporate sector in the world [1][8]. Economic Growth Trends - The US economy has shown relative growth trends over the last decade, growing faster than Europe and Japan before the pandemic, experiencing a smaller drop during the pandemic, and rebounding more robustly afterward [2]. Purchasing Manager Index (PMI) Insights - The US Composite PMI for August registered at 53.6, indicating expansion and surpassing other developed economies, which correlates with a projected year-over-year GDP growth of approximately +4% for Q3 [3][8]. Productivity Gains - The US economy's resilience is attributed to ongoing structural productivity gains, with non-financial corporate productivity increasing by +5.7% quarter-over-quarter in Q2, driven by a rise in output per hour [6][9]. Foreign Investment in US Treasuries - Foreign holdings of US Treasuries reached a record high of $9.16 trillion in July, indicating continued foreign interest despite concerns about potential divestment, with private entities increasing their holdings [11][12]. Structural Economic Advantages - The US maintains structural economic advantages characterized by a culture of innovation, strong intellectual property protection, deep capital markets, and the dollar's reserve currency status, which are expected to persist regardless of political cycles [7][13].