-
Weekly Markets Monitor: AI fears and the Special K
Last week’s economic signals were mixed: the US posted uneven data but record corporate profits; the Eurozone maintained steady growth, but the UK economy weakened; Japan announced a major stimulus package; China weighed property market support; and India’s trade deficit widened. Major global equities ended the volatile week lower, driven by pullbacks in the tech sector. US Treasury yields dropped, while the dollar strengthened; oil prices eased, and Bitcoin continued its decline. 2025 has become notable for divergences: the K-shaped US economy, the K between the Mag 7 and the rest and so on. A yawning K-shaped ... (full story)