Podcasts about financial markets

Stock market trends are in sharp focus as central banks pivot, earnings broaden beyond mega-cap leaders, and AI-driven CapEx reshapes corporate priorities. In this AMA edition of The Bid, host Oscar Pulido sits down with BlackRock's Gargi Pal Chaudhuri, Chief Investment and Portfolio Strategist for the Americas in the Investment Portfolios Solutions team. Together they field listener questions on rate cuts, market breadth, ETF flows, and how AI adoption could influence equity leadership over time.Gargi brings a cross-asset lens to what's driving global growth and volatility. Fresh off a busy earnings season and recent policy moves, she shares what she's hearing most from investors and how she thinks about portfolio positioning in the present market environment.Key moments in this episode:02:00 Parallels between running and investing - run your own race, what are your risk parameters04:32 Where policy's heading: The Fed's first rate cut marks a shift toward easing. December isn't guaranteed, but the big picture is that rates are starting to move toward more normal levels.07:52 Earnings season check-in: Big tech is still leading, but other companies are finally joining in with stronger results. That's helping the market feel a little more balanced.11:29 AI spending boom: Companies are pouring money into data centers and infrastructure to keep up with AI demand—funded by healthy cash flows and long-term plans.12: 25 Shoppers are split: Higher-income consumers are still spending on travel and tech, while others are trading down to save. GLP-1 medicines (like weight-loss drugs) are showing up as a big talking point for companies.13:40 Money on the move: Investors are starting to put cash to work again. ETF flows hit over $1 trillion this year, with interest across bonds, stocks, and even gold.16:37 Bonds and gold today: Many people are looking at bonds for income and keeping an eye on gold as markets shift.Check out this Spotify playlist for more content on alternative investing: https://open.spotify.com/playlist/4Fe8VwKyG5FPYekFFSksbI

(Part 1) Patricia and Christian talk to Dr Phil Armstrong about the upcoming UK budget, and Green Party leader Zack Polanski's positive views of MMT.   Full conversation here: https://www.patreon.com/posts/142975558   Please help sustain this podcast!  Patrons get early access to all episodes and patron-only episodes: https://www.patreon.com/MMTpodcast     All our episodes in chronological order: https://www.patreon.com/posts/43111643   All our patron-only episodes: https://www.patreon.com/posts/57542767   LIVE EVENT! Scotland's Festival of Economics (Edinburgh and online)  19th - 21st March 2026: https://www.scoteconfest.org/#learnmore   JOIN PATRICIA'S MMT ACTIVIST NETWORK (MMT UK): https://actionnetwork.org/forms/activist-registration-form   JOIN THE MMT UK DISCORD SERVER TO CONNECT WITH OTHERS LOOKING TO PROMOTE MMT AND ECOLOGICAL ECONOMICS IN THE UK!: https://discord.gg/S3UbxFe4FR   MMT: THE MOVIE! "Finding The Money", a documentary by Maren Poitras featuring Stephanie Kelton is now available worldwide to rent or buy: https://findingthemoney.vhx.tv/products/finding-the-money Updates on worldwide screenings of "Finding The Money" can be found here: https://findingmoneyfilm.com/where-to-watch/ To arrange a screening of "Finding The Money", apply here: https://findingmoneyfilm.com/host-a-screening/   STUDY THE ECONOMICS OF SUSTAINABILITY! Details of Modern Money Lab's online graduate, postgraduate and standalone courses in economics are here: https://modernmoneylab.org.au/   Relevant to this episode: "Universal Basic Income or a Job Guarantee?" The Gower Initiative for Modern Money Studies: https://gimms.org.uk/fact-sheets/universal-basic-income/ "Comparing Post-Keynesianism and Modern Monetary Theory: The Importance of Ontology and Sociology" (2025) By Neil Wilson and Phil Armstrong: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=5337254  "Should we favour a Job Guarantee over a Universal Basic Income as a means of achieving a more socially just society?" by Catherine Armstrong: https://gimms.org.uk/2023/07/08/should-we-favour-a-job-guarantee-over-a-universal-basic-income-as-a-means-of-achieving-a-more-socially-just-society/ For more on the endogenous money view (the non-fringe, very mainstream view that bank loans create deposits, not the other way around), listen to episode 126 - Dirk Ehnts: How Banks Create Money: https://www.patreon.com/posts/62603318 and episode 43 - Sam Levey: Understanding Endogenous Money: https://www.patreon.com/posts/35073683 Order the Gower Initiative's "Modern Monetary Theory - Key Insights, Leading Thinkers": https://www.e-elgar.com/shop/gbp/modern-monetary-theory-9781802208085.html For more on the (Liz) Trussageddon, listen to Episode 147 - Dirk Ehnts: Do Markets Control Our Politics?: https://www.patreon.com/posts/episode-147-dirk-72906421 "How to Fight Back Against the False Idea that the Government is at the Mercy of Financial Markets" by Sheridan Kates: https://thealternative.org.uk/dailyalternative/2025/3/10/scotonomics-monetary-autonomy "There is no need to issue public debt" by Bill Mitchell: https://billmitchell.org/blog/?p=31715 Episode 148 - Pavlina Tcherneva: Why The Job Guarantee Is Core To Modern Monetary Theory: https://www.patreon.com/posts/episode-148-why-73211346 Quick read: Pavlina Tcherneva's Job Guarantee FAQ page: https://pavlina-tcherneva.net/job-guarantee-faq/   For an intro to MMT: Our first three episodes: https://www.patreon.com/posts/41742417 Episode 126 - Dirk Ehnts: How Banks Create Money: https://www.patreon.com/posts/62603318   Quick MMT reads: Warren's Mosler's MMT white paper: http://moslereconomics.com/mmt-white-paper/ Steven Hail's quick MMT explainer: https://theconversation.com/explainer-what-is-modern-monetary-theory-72095 Quick explanation of government debt and deficit: "Some Numbers Are Big. Let Me Help You Get Over It": https://christreilly.com/2020/02/17/some-numbers-are-big-let-me-help-you-get-over-it/     For a short, non-technical, free ebook explaining MMT, download Warren Mosler's "7 Deadly Innocent Frauds Of Economic Policy" here: http://moslereconomics.com/wp-content/powerpoints/7DIF.pdf     Episodes on monetary operations:  Episode 20 - Warren Mosler: The MMT Money Story (part 1): https://www.patreon.com/posts/28004824 Episode 126 - Dirk Ehnts: How Banks Create Money: https://www.patreon.com/posts/62603318 Episode 13 - Steven Hail: Everything You Always Wanted To Know About Banking, But Were Afraid To Ask: https://www.patreon.com/posts/41790887 Episode 43 - Sam Levey: Understanding Endogenous Money: https://www.patreon.com/posts/35073683  Episode 84 - Andrew Berkeley, Richard Tye & Neil Wilson: An Accounting Model Of The UK Exchequer (Part 1): https://www.patreon.com/posts/46352183 Episode 86 - Andrew Berkeley, Richard Tye & Neil Wilson: An Accounting Model Of The UK Exchequer (Part 2): https://www.patreon.com/posts/46865929    For more on Quantitative Easing: Episode 59 - Warren Mosler: What Do Central Banks Do?: https://www.patreon.com/posts/39070023 Episode 143 - Paul Sheard: What Is Quantitative Easing?: https://www.patreon.com/posts/71589989?pr=true    Episodes on inflation: Episode 7: Steven Hail: Inflation, Price Shocks and Other Misunderstandings: https://www.patreon.com/posts/41780508 Episode 65 - Phil Armstrong: Understanding Inflation: https://www.patreon.com/posts/40672678 Episode 104 - John T Harvey: Inflation, Stagflation & Healing The Nation: https://www.patreon.com/posts/52207835 Episode 123 - Warren Mosler: Understanding The Price Level And Inflation: https://www.patreon.com/posts/59856379 Episode 128 - L. Randall Wray & Yeva Nersisyan: What's Causing Accelerating Inflation? Pandemic Or Policy Response?: https://www.patreon.com/posts/63776558   Our Job Guarantee episodes:  Episode 4 - Fadhel Kaboub: What is the Job Guarantee?: https://www.patreon.com/posts/41742701 Episode 47 - Pavlina Tcherneva: Building Resilience - The Case For A Job Guarantee: https://www.patreon.com/posts/36034543 Episode 148 - Pavlina Tcherneva: Why The Job Guarantee Is Core To Modern Monetary Theory: https://www.patreon.com/posts/episode-148-why-73211346 Quick read: Pavlina Tcherneva's Job Guarantee FAQ page: https://pavlina-tcherneva.net/job-guarantee-faq/   More on government bonds (and "vigilantes"): Episode 30 - Steven Hail: Understanding Government Bonds (Part 1):https://www.patreon.com/posts/29621245 Episode 31 - Steven Hail: Understanding Government Bonds (Part 2): https://www.patreon.com/posts/29829500 Episode 143 - Paul Sheard: What Is Quantitative Easing?: https://www.patreon.com/posts/71589989?pr=true Episode 147 - Dirk Ehnts: Do Markets Control Our Politics?: https://www.patreon.com/posts/episode-147-dirk-72906421 Episode 144 - Warren Mosler: The Natural Rate Of Interest Is Zero: https://www.patreon.com/posts/71966513 Episode 145 - John T Harvey: What Determines Currency Prices?: https://www.patreon.com/posts/72283811?pr=true   More on bank runs banking regulation:  Episode 162 - Warren Mosler: Anatomy Of A Bank Run: https://www.patreon.com/posts/80157783?pr=true Episode 163 - L. Randall Wray: Breaking Banks - The Fed's Magical Monetarist Thinking Strikes Again: https://www.patreon.com/posts/80479169?pr=true Episode 165 - Robert Hockett: Sparking An Industrial Renewal By Building Banks Better: https://www.patreon.com/posts/81084983?pr=true MMT founder Warren Mosler's Proposals for the Treasury, the Federal Reserve, the FDIC, and the Banking System: https://neweconomicperspectives.org/2010/02/warren-moslers-proposals-for-treasury.html     MMT Events And Courses: More information about Professor Bill Mitchell's MMTed project (free public online courses in MMT) here: http://www.mmted.org/ Details of Modern Money Lab's online graduate and postgraduate courses in MMT and real-world economics are here: https://modernmoneylab.org.au/     Order the Gower Initiative's "Modern Monetary Theory - Key Insights, Leading Thinkers": https://www.e-elgar.com/shop/gbp/modern-monetary-theory-9781802208085.html   MMT Academic Resources compiled by The Gower Initiative for Modern Money Studies: https://www.zotero.org/groups/2251544/mmt_academic_resources_-_compiled_by_the_gower_initiative_for_modern_money_studies   MMT scholarship compiled by New Economic Perspectives: http://neweconomicperspectives.org/mmt-scholarship     A list of MMT-informed campaigns and organisations worldwide: https://www.patreon.com/posts/47900757     We are working towards full transcripts, but in the meantime, closed captions for all episodes are available on our YouTube channel: https://www.youtube.com/channel/UCEp_nGVTuMfBun2wiG-c0Ew/videos     Show notes: https://www.patreon.com/posts/143438983?pr=true

US equity futures point to a weaker open. Asian markets traded sharply lower, while European equity futures also signaled early losses. Big tech remains the market's key pressure point after broad declines Thursday, with Tesla, Nvidia and Google leading weakness as AI-linked momentum unwound. Furthermore, labor-market softening stayed in focus after reports that Verizon plans to cut about 15K jobs, while the extended data vacuum drew attention given that after next week's likely September payroll release, major macro data are not expected again until early December. Macro uncertainty tightened after hawkish Fed commentary pushed December rate-cut odds below 50% and lifted Treasury yields. In addition, China's latest activity and credit data showed industrial production, retail sales and fixed-asset investment weakening to the slowest pace in over a year, reinforcing global risk-off sentiment.Companies Mentioned: Nvidia, Paramount, Comcast, Netflix, Warner Bros, Apple, OpenAI

A sell-off in the Nasdaq and several major tech firms continues to fuel investor concerns over A.I. valuations while hopes of an interest rate cut by the Fed's December now only stand at 50 per cent. UK Chancellor Rachel Reeves is reportedly now set to scrap her manifesto-breaking plan to hike income tax after all as voter and party anger swells. Siemens Energy posts FY adjusted profit of 600 per cent and boosts its guidance with A.I. data centres continuing to drive energy demand. CEO Christian Bruch tells CNBC his company is well positioned to meet the needs.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

US equity futures point to a softer open. Asian markets traded broadly higher, while European equities traded mostly higher. The spending bill signed by President Trump ends the record 43-day government shutdown, though October CPI and payrolls are still unlikely to be released, prolonging uncertainty for Fed policy. While resumption of Fed easing has been a component of the bullish narrative, Fed policymakers still divided on policy path. Market pricing in 60% chance of Dec rate cut, down from 67% day before. Furthermore, OPEC's latest forecast for a more balanced oil market next year weighed on crude, extending a broader reset across commodities.Companies Mentioned: Sealed Air, Alibaba, Amazon, PDD Holdings, SHEIN

On this episode of Power & Market, Ryan, Connor, and Tho talk about Trump's FDR-like proposal of a 50-year mortgage and the unfortunate reality that it seems to be one of the only actual policy ideas Republicans have left to "address" affordability.

After two of the toughest years in biotech history, are we finally seeing a turnaround? EY's Arda Ural discusses the long-awaited recovery in biotech IPOs, the evolving capital markets landscape and how tariffs and Trump RX are reshaping biopharma supply chains. In this wide-ranging conversation, Ural unpacks the three key factors driving IPO recovery — Fed rate cuts, improving valuations, and reduced macro uncertainty — while sharing hard data on what's actually working in 2024. He explains why platforms without products are struggling to raise venture capital, how the bid-ask spread in M&A deals reflects ongoing valuation disagreements and why China's emergence as a competitor in novel drug development represents a fundamental shift for the industry. Whether you're navigating early-stage financing, preparing for an IPO, or planning strategic transactions, this episode delivers actionable insights on capital markets, policy impacts and the fundamentals that will determine who succeeds in the next phase of biotech innovation.

President Trump signs a new Federal funding package to end the 43-day government shutdown – the longest in U.S. history. Trump has railed against the Democrats over the $1tn cost involved during the delay to passing the bill. In Europe, the Stoxx600 passes another milestone with benchmarks across the Continent rallying, including the FTSE 100 which nears the 10,000-mark. German engineering giant Siemens posts record net income for the third consecutive year but falls short of expectations with quarterly profits down and the firm set to slash its $39bn stake in Siemens Healthineers.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

In this episode, guest host Laura Talvitie, who leads PwC's work on digital asset regulation, speaks with Jonny Fry, CEO of TeamBlockchain and Digital Bytes, and Daniel Dzenkowski, PwC's Crypto-Asset Reporting Framework Lead. Regulators, asset managers and technology providers are all exploring how tokenisation could redefine how funds and assets are structured, issued and traded. Against this backdrop, our guests discuss the UK's evolving approach to fund tokenisation and the FCA's consultation on this topic. They also explore the potential role of blockchain in financial markets and what firms should be doing now to prepare.

S&P futures are up +0.3% and pointing to higher open today. Asian markets ended Wednesday trading mostly higher, with gains seen in Japan, Korea, Hong Kong, Singapore, and Taiwan. European equities are also higher in early trades, following a strong close on Tuesday. Risk sentiment is firm as the U.S. government appears close to reopening, with the House set to vote on a funding compromise. Softer ADP payrolls have sharpened concerns about a cooling labor market, pushing markets to price roughly a 70% chance of a December Fed rate cut. Media reports suggest policymakers remain divided, leaving the December decision finely balanced.Companies Mentioned: Blackstone, Bill Holdings, Teck Resources

Market jitters over A.I. valuations persist. ‘Big Short' investor Michael Burry says hyper-scalers are overstating their earnings while Japan's Softbank sees its share price plunge following the sale of its stake in Nvidia. The company has pledged to double down on its OpenAI investment. Germany's Infineon hikes the FY forecast for its A.I. data centre revenue despite Q4 earnings coming in below expectations. CFO Sven Schneider is confident the A.I. boom will continue to drive the company's success. And in UK politics, a briefing war is raging with reports and counter-reports of a Labour leadership contest to oust Prime Minister Sir Keir Starmer just a fortnight before his Chancellor's high-stakes budget.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Today's guest on The Long View is Callie Cox. Callie is the chief market strategist at Ritholtz Wealth Management, where she helps the firm's clients make sense of markets and suss out signal in the noise. Callie's clear, relatable approach to market commentary blends deep macroeconomic market insights with an understanding of investor behavior. Before joining Ritholtz Wealth Management in 2024, Callie was an investment analyst at eToro and previously worked in research roles at Ally, LPL Financial, and First Citizens Bank. She began her career as a reporter at Bloomberg, covering the stock and options markets after graduating from the University of North Carolina with a journalism degree.BackgroundBioOptimistiCallieRitholtz Wealth ManagementJob Markets and AI“A Millennial's Guide to Gen Z's Career Apocalypse,” by Callie Cox, businessinsider.com, Oct. 27, 2025.“The Wealth Effect,” by Callie Cox, optimisticallie.com, Nov. 10, 2025.“Governments Are People, My Friend,” by Callie Cox, optimisticallie.com, Feb. 18, 2025.“Big Tech's AI Spending Spree,” by Callie Cox, optimisticallie.com, Oct. 27, 2025.“Humans > Robots,” by Callie Cox, optimisticallie.com, Aug. 4, 2025.“AI vs. Tariffs,” by Callie Cox, optimisticallie.com, May 19, 2025.Investing“How to Invest Without Going Insane,” by Callie Cox, optimisticallie.com, Nov. 3, 2025.“Why You Should Invest Right Now,” by Callie Cox, optimisticallie.com, Sept. 15, 2025.“The Seven Rules of Stock Market Bubbles,” by Callie Cox, optimisticallie.com, July 28, 2025.OtherThe Psychology of Money: Timeless Lessons on Wealth, Greed, and Happiness, by Morgan HouselJim PaulsenDavid KellyHoward Marks Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

S&P futures are down (0.2%) and pointing to a slightly lower open today. Asian markets delivered a mixed performance on Tuesday. AI-related tech stocks underpinned the gains in Japan and Korea, while Mainland China and Australia both saw modest losses. Tuesday's session saw Monday's rally fade amid a lack of catalysts and mixed U.S. futures. The brief lift from the U.S. government shutdown resolution gave way to familiar concerns: stretched valuations, earnings quality, uneven economic data, and trade risks. Trade was in focus after reports that Beijing is reviewing a rare-earth export framework that could limit access for companies linked to the U.S. defense sector. Despite the softer tone, Singapore and Indonesia each notched new record highs. European equity markets are higher in early trades, building on Monday's strong performance.Companies Mentioned: C3.ai, Boeing, NVIDIA

The U.S. Senate passes a bill that could re-open government within days and restore federal funding programs until the end of January. Markets have reacted positively to the news with the Nasdaq posting its best session since May. President Trump is mulling tariff relief for Switzerland with some reports suggesting levies could be slashed from 39 per cent to 15 per cent. And in tech news, Softbank posts a $19bn gain at its Vision Fund following investment into OpenAI.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Overview: Tune into this week's episode of Launch Financial as we discuss continued corporate earnings, the tech and AI bubble, and the potential end of the government shut down. All eyes remain on the consumer, key inflation data, and its impact on the Federal Reserve!  Show Notes:

Max reports on the growing cracks in the financial markets and the unprecedented lengths the Federal Reserve has already gone to in order to stabilize the global financial system. The U.S. is heading toward a full-blown liquidity crisis that threatens to seize up the financial markets. The situation is worsening daily at this point and Trump’s erratic policy decisions are contributing to the destabilization. View the charts related to this episode. Chapters Intro: 00:00:37 Post Show Musings: 00:19:33 Outro: 00:39:38 Resources Challenger, Gray & Christmas: Challenger Report: September 2025 MacroMicro: US - Hourly Wage Growth by Wage Level MacroMicro: US - Consumer Price Index (CPI) MacroMicro: US - Fed Overnight Reverse Repurchase Agreements (ON RRP) Trading Volume MacroMicro: US - Treasury Yields vs. Fed Funds Rate MacroMicro: US - Federal Fund Interest Rates MacroMicro: US - Fed Overnight Reverse Repurchase Agreements (ON RRP) Trading Volume MacroMicro: US - Fed's Balance Sheet - Liabilities Fortune: Without data centers, GDP growth was 0.1% in the first half of 2025, Harvard economist says Video: MTN: Trump in Full Blown Panic as Market Collapse Imminent Track Star: Zohran Mamdani Become A UNFTR Member Subscribe to our YouTube Channel Follow Us On Social: Bluesky, Facebook, Instagram, TikTok Share the 5NN -- If you like #UNFTR, please leave us a rating and review on Apple Podcasts and Spotify: unftr.com/rate and follow us on Facebook, Bluesky, TikTok and Instagram at @UNFTRpod. Visit us online at unftr.com. Join our Discord at unftr.com/discord. Become a member at unftr.com/memberships. Buy yourself some Unf*cking Coffee at shop.unftr.com. Visit our bookshop.org page at bookshop.org/shop/UNFTRpod to find the full UNFTR book list, and find book recommendations from our Unf*ckers at bookshop.org/lists/unf-cker-book-recommendations. Access the UNFTR Musicless feed by following the instructions at unftr.com/accessibility. Unf*cking the Republic is produced by 99 and engineered by Manny Faces Media (mannyfacesmedia.com). Original music is by Tom McGovern (tommcgovern.com). The show is hosted by Max and distributed by 99.Support the show: https://www.unftr.com/membershipsSee omnystudio.com/listener for privacy information.

S&P futures are pointing higher today. Asia equities ended higher, Europe opened with strong gains. US dollar unchanged. Treasury yields higher across tenors, JGB yields also up. Crude oil futures higher. Precious metals up with gold back above $4K. Base metals mixed. Cryptocurrencies also rallying. Risk sentiment supported on news that US Senate is nearing deal to end government shutdown with enough Democrats in support. Compromise said to involve fully funding Departments of Agriculture and Veterans Affairs for a year while partially funding other agencies through 30-Jan. Agreement guarantees laid-off federal employees will be re-hired and given backpay. Any deal would also unblock release of delayed economic data, providing colour on December rate cut prospects. White House also warned of a potentially negative Q4 GDP print from shutdown that extended past Thanksgiving. Companies Mentioned: Accor, Metsera, Pfizer, Novo Nordisk

At our internal 2026 Forum last week, the AI buildout ran through the debate among our portfolio managers along with other key topics such as stablecoins. Wei Li, Global Chief Investment Strategist at BlackRock, shares some key takeaways. General disclosure: This material is intended for information purposes only, and does not constitute investment advice, a recommendation or an offer or solicitation to purchase or sell any securities, funds or strategies to any person in any jurisdiction in which an offer, solicitation, purchase or sale would be unlawful under the securities laws of such jurisdiction. The opinions expressed are as of the date of publication and are subject to change without notice. Reliance upon information in this material is at the sole discretion of the reader. Investing involves risks. BlackRock does and may seek to do business with companies covered in this podcast. As a result, readers should be aware that the firm may have a conflict of interest that could affect the objectivity of this podcast.In the U.S. and Canada, this material is intended for public distribution.In the UK and Non-European Economic Area (EEA) countries: this is Issued by BlackRock Investment Management (UK) Limited, authorised and regulated by the Financial Conduct Authority. Registered office: 12 Throgmorton Avenue, London, EC2N 2DL. Tel:+ 44 (0)20 7743 3000. Registered in England and Wales No. 02020394. For your protection telephone calls are usually recorded. Please refer to the Financial Conduct Authority website for a list of authorised activities conducted by BlackRock.In the European Economic Area (EEA): this is Issued by BlackRock (Netherlands) B.V. is authorised and regulated by the Netherlands Authority for the Financial Markets. Registered office Amstelplein 1, 1096 HA, Amsterdam, Tel: 020 – 549 5200, Tel: 31-20- 549-5200. Trade Register No. 17068311 For your protection telephone calls are usually recorded.For Investors in Switzerland: This document is marketing material.In South Africa: Please be advised that BlackRock Investment Management (UK) Limited is an authorised Financial Services provider with the South African Financial Services Board, FSP No. 43288.In Singapore, this is issued by BlackRock (Singapore) Limited (Co. registration no. 200010143N). This advertisement or publication has not been reviewed by the Monetary Authority of Singapore. In Hong Kong, this material is issued by BlackRock Asset Management North Asia Limited and has not been reviewed by the Securities and Futures Commission of Hong Kong. In Australia, issued by BlackRock Investment Management (Australia) Limited ABN 13 006 165 975, AFSL 230 523 (BIMAL). This material provides general information only and does not take into account your individual objectives, financial situation, needs or circumstances. Before making any investment decision, you should assess whether the material is appropriate for you and obtain financial advice tailored to you having regard to your individual objectives, financial situation, needs and circumstances. Refer to BIMAL's Financial Services Guide on its website for more information. This material is not a financial product recommendation or an offer or solicitation with respect to the purchase or sale of any financial product in any jurisdictionIn Latin America: this material is for educational purposes only and does not constitute investment advice nor an offer or solicitation to sell or a solicitation of an offer to buy any shares of any Fund (nor shall any such shares be offered or sold to any person) in any jurisdiction in which an offer, solicitation, purchase or sale would be unlawful under the securities law of that jurisdiction. If any funds are mentioned or inferred to in this material, it is possible that some or all of the funds may not have been registered with the securities regulator of Argentina, Brazil, Chile, Colombia, Mexico, Panama, Peru, Uruguay or any other securities regulator in any Latin American country and thus might not be publicly offered within any such country. The securities regulators of such countries have not confirmed the accuracy of any information contained herein. The provision of investment management and investment advisory services is a regulated activity in Mexico thus is subject to strict rules. For more information on the Investment Advisory Services offered by BlackRock Mexico please refer to the Investment Services Guide available at www.blackrock.com/mx©2025 BlackRock, Inc. All Rights Reserved. BLACKROCK is a registered trademark of BlackRock, Inc. All other trademarks are those of their respective owners.BIIM1125U/M-4976369

The U.S. Senate progressed a deal towards ending the longest U.S. Government shutdown in history. Eight democrats joined all but one republican in voting to move forward with a funding bill that will keep the U.S. Government liquid through January 30th, drawing rebuke from Democratic party leaders given the deal's lack of guarantees on healthcare. Meanwhile, China will resume exports of Nexperia chips following a row with the Dutch government, potentially giving a boost to the autos industry which had been hit by the supply shock. In pharma news, the battle between Pfizer and Novo Nordisk for weight-loss biotech Metsera has ended, with the Danish conglomerate losing out in the $10 billion deal.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Private markets are transforming the investment landscape — reshaping portfolios, expanding access, and driving growth across asset classes from private equity to infrastructure and private credit. Once the domain of institutions, private markets are increasingly accessible to individual investors, offering new ways to pursue diversification and long-term opportunity.In this episode of The Bid, host Oscar Pulido is joined by Cameron Joyce, Head of Research Insights at Preqin, a part of BlackRock, to explore how private markets could reshape portfolios and investment opportunities by 2030. Cameron shares why the asset class has surged from $11 trillion pre-pandemic to an expected $32 trillion by the end of the decade — and what this evolution means for investors.Together they discuss how companies are staying private longer, why liquidity dynamics are shifting, and how new fund structures are widening accessibility for individuals and retirement savers alike. Cameron breaks down the three major growth engines powering the sector: private equity, infrastructure, and private credit — and explains how megaforces like AI and energy transition are creating new opportunities within each.Sources: “Private Markets in 2030” Preqin October 2025Key moments in this episode:00:00 Introduction to why Private Markets are having a moment now01:01 Understanding Private Markets - Why companies are staying private longer — and where the value creation is shifting.02:01 Growth and Trends in Private Markets - The forecasted $32 trillion in alternative AUM by 2030 and what it means for diversified portfolios.02:46 Impact on Investment Portfolios - The rise of individual access through open-ended fund structures.06:04 Where we are in the private equity cycle — and why lower fundraising periods often precede strong returns.09:56 Infrastructure Investment Opportunities - How infrastructure is becoming a key beneficiary of AI and reshoring trends.11:51 Why private credit and direct lending are gaining momentum as banks step back from traditional lending14:20 Artificial Intelligence in Private Markets - How AI is influencing value creation within privately backed companies.16:40 Conclusion and Final ThoughtsCheck out this Spotify playlist for more content on alternative investing: https://open.spotify.com/playlist/4Fe8VwKyG5FPYekFFSksbI

S&P futures are pointing to slightly higher open today. Asian markets wrapped up the week on a weak note as valuation concerns and tech sector warnings drove losses across the region. European equity markets opened mostly softer. China's dollar exports fell (1.1%) y/y in October, missing expectations for +3.0% and reversing September's +8.3% rise—the first contraction since February. Shipments to the U.S. dropped (25%) y/y, extending a seven-month run of double‑digit declines and taking the YTD fall to nearly (18%). Exports to ASEAN +~11% and the EU +1% slowed, while sales to South Korea, Russia, and Canada fell by double digits. Companies Mentioned: Comcast, Warner Bros. Discovery, NVIDIA, BlackLine

How debt and securitization in US property (CRE, etc) is creating classic 2008 bust potential. Financial markets volatility sign of bubble top? Latest data on US real economy. Venezuela as Trump's 3rd War. Will US invade? Likely scenarios next 60 days. Venezuela, Russia, China responses? California-Texas gerrymandering as harbinger of more US democracy decline. Mamdani's NY victory

The global tech sell-off resumes on persistent A.I. valuation and central bank policy fears. The Bank of England held rates steady at 4.00% yesterday in a tight 5-4 split. BOE Governor Andrew Bailey tells CNBC's Ritika Gupta that inflation is still his primary focus, despite the recent softening in the labour market. Meanwhile, Tesla shareholders approved Elon Musk's $1 trillion pay package, the payout of which hinges on the CEO reaching lofty targets on humanoids and robo-taxis.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

From a few tiny funds in the 1970s, private equity has transformed the financial world and is now a $7 trillion industry, accounting for 30% of the US private sector economy. But how did it all happen, why have pension funds poured so much into these funds, and how do the practitioners get away with paying themselves such eye watering fees? We talk to buyout expert Peter Morris about this strange modern act of financial alchemy.The show is made in partnership with The Library of Mistakes who are offering a 25% discount on their Practical History of Financial Markets course to listeners. Just follow this link https://www.libraryofmistakes.com/how-to/ and enter ALTIF25 into the box marked promo.Presented by Jonathan Ford and Neil Collins.With Peter Morris.In partnership with the Library of Mistakes.Produced and edited by Nick Hilton for Podot. Hosted on Acast. See acast.com/privacy for more information.

Demetri Kofinas speaks with financial historian and investor Russell Napier about his "Practical History of Financial Markets" online course, which is provided in conjunction with Edinburgh Business School. Hidden Forces premium subscribers can sign up using their subscriber email + code "HF50" for a generous 50% DISCOUNT. Genius members can access the course for an even more generous discount of 75%. Sign up today at libraryofmistakes.com/course. The course runs in three formats: a ~14-hour online version; a two-and-a-half-day in-person version in London (capped at about 30 people); and a university version for mostly post-grad students. This is not just for professionals—many attendees are principals or retail savers who feel responsible for managing their and their families' wealth. The course is "radically different" from standard finance classes. Instead of starting from pricing theory or discounted cash flow, it takes a historical approach to asset valuation across equities, bonds, cash, commodities, and property, asking the question: "what repeatable conditions caused valuations to change?" The course leans heavily on long-run U.S. and international data, examines market behavior in different monetary and inflation regimes, and includes a module on investing in periods of inflation, disinflation, and deflation. After completing this course, you should be able to: ✔️ Critically evaluate different methods of valuing stock markets and identify faults in the valuation methods. ✔️ Explain the idea of mean reversion in financial markets and identify valuation techniques that follow mean reversion using data from the last 100 years to demonstrate this. ✔️ Understand the impact inflationary or deflationary forces have on the returns to different classes of financial assets. ✔️ Understand the impact liquidity and the supply of money has on stock market returns over time. ✔️ Understand the impact of psychological biases on returns in the stock market and the role that they can play in major stock market events. ✔️ Critically evaluate the lessons from the history of the financial markets over the past 200 years or more. As Russell has often said, "when regime change occurs, the greatest risk for any investor is to get all the right answers to all the wrong questions." The ultimate goal of this course is to teach people how to find and ask the RIGHT questions. Subscribe to our premium content—including our premium feed, episode transcripts, and Intelligence Reports—by visiting HiddenForces.io/subscribe. If you'd like to join the conversation and become a member of the Hidden Forces Genius community—with benefits like Q&A calls with guests, exclusive research and analysis, in-person events, and dinners—you can also sign up on our subscriber page at HiddenForces.io/subscribe. If you enjoyed today's episode of Hidden Forces, please support the show by: Subscribing on Apple Podcasts, YouTube, Spotify, Stitcher, SoundCloud, CastBox, or via our RSS Feed Writing us a review on Apple Podcasts & Spotify Joining our mailing list at https://hiddenforces.io/newsletter/ Producer & Host: Demetri Kofinas Editor & Engineer: Stylianos Nicolaou Subscribe and support the podcast at https://hiddenforces.io. Join the conversation on Facebook, Instagram, and Twitter at @hiddenforcespod Follow Demetri on Twitter at @Kofinas Episode Recorded on 10/31/2025

US equity futures point to a softer open. Asian markets traded broadly higher, while European equities opened lower. Focus remains on US tech earnings afterhours. Qualcomm guided Q1 revenue above forecasts, though below the most bullish expectations, while ARM's profit outlook exceeded estimates, reflecting data center demand. In central bank news, the Fed's hawkish comments continued to weigh on sentiment, while the BoE decision today is seen as finely balanced. Meanwhile, the US-China trade truce continues to dominate headlines, but not much specific behind move as recent angst surrounding stretched valuations, big tech index concentration, narrow breadth and AI capex ROI remain overhangs, not expected to go away anytime soon. However, still no signs of panic, while buy-the-dip narrative has been extremely resilient on the back of elevated retail buying.Companies Mentioned: Charles Schwab, Forge Global, Marvell Technology, Softbank, OpenAI

Global markets stabilize following the valuation-fueled tech rout, though the outlook for A.I. adoption remains mixed. In the U.S., the Supreme Court is hearing arguments over the legality of President Trump's sweeping tariff agenda, with legal scholars split over the likely outcome. In the U.K., focus is back on the Bank of England ahead of today's rate decision, with analysts split over the path forward given the recent spate of weaker data. It's another busy day on the earnings front – Commerzbank reported a surprise fall in third quarter profit, though raised its revenue outlook with CEO Bettina Orlopp telling CNBC net interest income is improving. Meanwhile, the UK's most valuable company, AstraZeneca, reported a strong set of results, beating on revenue and EPS while reiterating its full year guidance.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

S&P futures are pointing to flat open following Tuesday's selloff. European equity markets are edging lower in early trades, though the FTSE 100 is bucking the trend, supported by strength in defensive sectors. Asian markets ended largely lower today, with Japan's Nikkei and South Korea's Kospi both losing over (3%) as tech stocks faced sustained selling pressure. Major losses came from SoftBank, Advantest, and Tokyo Electron in Japan; Samsung and SK Hynix in South Korea; and TSMC in Taiwan, dragging respective indices lower. The Kospi is on track for its worst day since April. Companies Mentioned: Axon Enterprise, Alphabet, AMD

Global markets are in the red as concerns mount over A.I. stocks being over-valued, prompting a tech sell-off. In the U.S., Democrats record wins in key gubernatorial races in Virginia and New Jersey while in New York City, far-left candidate Zohran Mamdani claims victory to become mayor. Danish pharma giant Novo Nordisk slashes its top-end forecasts as sales growth expectations for its flagship obesity drugs tumble.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Work with Sumi 1-on-1 (Main Link):

S&P futures are down (1%) and pointing to a lower open today as global equity markets retreat following hawkish Fed commentary. Concerns over the sustainability of AI-linked valuations, rising debt issuance in the sector, and regulatory scrutiny in Asia are weighing on technology stocks globally. Technology stocks in South Korea and Japan were hit hard, with SK Hynix and Samsung Electronics down over (5%) each. Australia also saw sharp declines following the RBA's inflation revisions. European markets are also broadly lower in early trades. Companies Mentioned: Starbucks, Denny's, Viper Energy

Today we learn Trump will pay 50% of food stamp benefits this month, but no more money after that. In Finances, we see the Reserve Bank of India calls for an Emergency Meeting over Liquidity in the Banking System. So it appears a Liquidity Crisis is upon us, and that is really bad news for the Financial Markets. 00:00 Intro 05:11 Food Stamps 07:25 Finances 15:01 Perfect Storm 16:45 Most Important Prophecies

Today we learn Trump will pay 50% of food stamp benefits this month, but no more money after that. In Finances, we see the Reserve Bank of India calls for an Emergency Meeting over Liquidity in the Banking System. So it appears a Liquidity Crisis is upon us, and that is really bad news for the Financial Markets. 00:00 Intro 05:11 Food Stamps 07:25 Finances 15:01 Perfect Storm 16:45 Most Important Prophecies

UK Chancellor of the Exchequer Rachel Reeves signals a slew of tax hikes in her upcoming budget while Prime Minister Sir Keir Starmer has warned MPs in the House Of Commons of the need to make ‘tough but fair' decisions. Philips posts a 3 per cent growth in sales in the third quarter and has hiked its FY margin forecast. In tech news, OpenAI inks a $30bn deal with Amazon to use its AWS cloud infrastructure while Microsoft wins approval to export Nvidia chips to the UAE. CEO Brad Smith tells CNBC that A.I. investments will eventually bear fruit. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Overview: Tune into this week's episode of Launch Financial as we discuss a big week ahead of corporate earnings following a 25 basis point interest rate last week from the Federal Reserve. All eyes remain on the continued government shutdown and the AI bubble and its impact on the market.  Show Notes: 

Stephen Grootes speaks to Jeff Gable, Absa’s Chief Economist, about the Africa Financial Markets Index. Now in its ninth year, the Absa Africa Financial Markets Index assesses the development of financial markets across the continent, focusing on accessibility, openness and transparency. The 2025 index, produced by OMFIF and sponsored by Absa with support from the United Nations Economic Commission for Africa, evaluates 29 African countries using data and survey insights from over 50 institutions, including central banks, stock exchanges, regulators and development bodies. The Money Show is a podcast hosted by well-known journalist and radio presenter, Stephen Grootes. He explores the latest economic trends, business developments, investment opportunities, and personal finance strategies. Each episode features engaging conversations with top newsmakers, industry experts, financial advisors, entrepreneurs, and politicians, offering you thought-provoking insights to navigate the ever-changing financial landscape.    Thank you for listening to a podcast from The Money Show Listen live Primedia+ weekdays from 18:00 and 20:00 (SA Time) to The Money Show with Stephen Grootes broadcast on 702 https://buff.ly/gk3y0Kj and CapeTalk https://buff.ly/NnFM3Nk For more from the show, go to https://buff.ly/7QpH0jY or find all the catch-up podcasts here https://buff.ly/PlhvUVe Subscribe to The Money Show Daily Newsletter and the Weekly Business Wrap here https://buff.ly/v5mfetc The Money Show is brought to you by Absa     Follow us on social media   702 on Facebook: https://www.facebook.com/TalkRadio702 702 on TikTok: https://www.tiktok.com/@talkradio702 702 on Instagram: https://www.instagram.com/talkradio702/ 702 on X: https://x.com/CapeTalk 702 on YouTube: https://www.youtube.com/@radio702   CapeTalk on Facebook: https://www.facebook.com/CapeTalk CapeTalk on TikTok: https://www.tiktok.com/@capetalk CapeTalk on Instagram: https://www.instagram.com/ CapeTalk on X: https://x.com/Radio702 CapeTalk on YouTube: https://www.youtube.com/@CapeTalk567 See omnystudio.com/listener for privacy information.

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Victor Orlovski of R136 Ventures joins Nick to discuss From CTO to $500M AUM: Entry Point Discipline, Why People Matter at Every Stage, and the AI-Driven Future of Banking. In this episode we cover: Exit Strategies and Market Challenges Risks and Opportunities in Late-Stage Investments Banking and FinTech Challenges Future of Financial Markets and AI in Banking Impact of AI on Financial Institutions Role of Founders in the AI Era Guest Links: Victor's LinkedIn Victor's X R136's LinkedIn R136's Website The host of The Full Ratchet is Nick Moran of New Stack Ventures, a venture capital firm committed to investing in founders outside of the Bay Area. We're proud to partner with Ramp, the modern finance automation platform. Book a demo and get $150—no strings attached.   Want to keep up to date with The Full Ratchet? Follow us on social. You can learn more about New Stack Ventures by visiting our LinkedIn and Twitter.

US equity futures were higher Monday. Asian equities broadly firmed, led by a record-setting Kospi surge, while European markets opened stronger. Investor sentiment improved after the White House detailed the Trump-Xi trade truce. In addition, OPEC+ decided to pause output increases, lifting crude prices. Meanwhile, South Korea's export recovery accelerated in October, while Taiwan's PMI remained in contraction. On the policy front, multiple Fed officials delivered hawkish remarks, signaling caution on further rate cuts, though market reaction was muted.Companies mentioned: NVIDIA, Amazon, Westpac Banking

The U.S. and China trade truce and mega cap tech companies upping planned AI buildout spending last week reinforce how mega forces are playing out in real time. Devan Nathwani, Portfolio Strategist with the BlackRock Investment Institute, explains why these mega forces are key for near-term returns, not just the long term.General disclosure: This material is intended for information purposes only, and does not constitute investment advice, a recommendation or an offer or solicitation to purchase or sell any securities, funds or strategies to any person in any jurisdiction in which an offer, solicitation, purchase or sale would be unlawful under the securities laws of such jurisdiction. The opinions expressed are as of the date of publication and are subject to change without notice. Reliance upon information in this material is at the sole discretion of the reader. Investing involves risks. BlackRock does and may seek to do business with companies covered in this podcast. As a result, readers should be aware that the firm may have a conflict of interest that could affect the objectivity of this podcast.In the U.S. and Canada, this material is intended for public distribution.In the UK and Non-European Economic Area (EEA) countries: this is Issued by BlackRock Investment Management (UK) Limited, authorised and regulated by the Financial Conduct Authority. Registered office: 12 Throgmorton Avenue, London, EC2N 2DL. Tel:+ 44 (0)20 7743 3000. Registered in England and Wales No. 02020394. For your protection telephone calls are usually recorded. Please refer to the Financial Conduct Authority website for a list of authorised activities conducted by BlackRock.In the European Economic Area (EEA): this is Issued by BlackRock (Netherlands) B.V. is authorised and regulated by the Netherlands Authority for the Financial Markets. Registered office Amstelplein 1, 1096 HA, Amsterdam, Tel: 020 – 549 5200, Tel: 31-20- 549-5200. Trade Register No. 17068311 For your protection telephone calls are usually recorded.For Investors in Switzerland: This document is marketing material.In South Africa: Please be advised that BlackRock Investment Management (UK) Limited is an authorised Financial Services provider with the South African Financial Services Board, FSP No. 43288.In Singapore, this is issued by BlackRock (Singapore) Limited (Co. registration no. 200010143N). This advertisement or publication has not been reviewed by the Monetary Authority of Singapore. In Hong Kong, this material is issued by BlackRock Asset Management North Asia Limited and has not been reviewed by the Securities and Futures Commission of Hong Kong. In Australia, issued by BlackRock Investment Management (Australia) Limited ABN 13 006 165 975, AFSL 230 523 (BIMAL). This material provides general information only and does not take into account your individual objectives, financial situation, needs or circumstances. Before making any investment decision, you should assess whether the material is appropriate for you and obtain financial advice tailored to you having regard to your individual objectives, financial situation, needs and circumstances. Refer to BIMAL's Financial Services Guide on its website for more information. This material is not a financial product recommendation or an offer or solicitation with respect to the purchase or sale of any financial product in any jurisdictionIn Latin America: this material is for educational purposes only and does not constitute investment advice nor an offer or solicitation to sell or a solicitation of an offer to buy any shares of any Fund (nor shall any such shares be offered or sold to any person) in any jurisdiction in which an offer, solicitation, purchase or sale would be unlawful under the securities law of that jurisdiction. If any funds are mentioned or inferred to in this material, it is possible that some or all of the funds may not have been registered with the securities regulator of Argentina, Brazil, Chile, Colombia, Mexico, Panama, Peru, Uruguay or any other securities regulator in any Latin American country and thus might not be publicly offered within any such country. The securities regulators of such countries have not confirmed the accuracy of any information contained herein. The provision of investment management and investment advisory services is a regulated activity in Mexico thus is subject to strict rules. For more information on the Investment Advisory Services offered by BlackRock Mexico please refer to the Investment Services Guide available at www.blackrock.com/mx©2025 BlackRock, Inc. All Rights Reserved. BLACKROCK is a registered trademark of BlackRock, Inc. All other trademarks are those of their respective owners.BIIM1025U/M-4956268

China relaxes restrictions on rare earth exports and stops investigations into the chip sector following last week's trade agreement with the U.S. President Trump signals continued opposition to exports of Nvidia's most advanced chips. Crude extends gains following Opec+ nations' announcement that it would pause further output hikes going into the first quarter next year. In aviation news, Ryanair posts an H1 profit beat and predicts stronger footfall. CEO Michael O'Leary slams UK APD policy, telling CNBC UK Chancellor Rachel Reeves ‘hasn't a clue' about stimulating economic growth.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

LurjCast – Mikael Margaryan – Investments Without Risk, Impact of AI on the Financial MarketՄեր հյուրը Cube Invest ներդրումային ընկերության ղեկավար Միքայել ՄարգարյանըԶրույցի ընթացքում քննարկում ենք, թե ինչպե՞ս ներդրում անել խելացի ձևով, որոնք են ներդրումների հիմնական ռիսկերը և հնարավորությունները Հայաստանի շուկայում, ո՞րն է միջին վիճակագրական հայ ներդրողը և ինչպես է ձևավորվում ներդրումային մշակույթը։Անդրադառնում ենք նաև Cube Invest-ի ներդրումային մոտեցմանը, ոսկու՝ որպես ներդրումային գործիքի կայունությանը, ոլորտային ներդրումներին, AI գործիքների կիրառությանը ֆինանսական որոշումներում, ինչպես նաև ներդրողի հոգեբանությանն ու ճիշտ ուղղորդման կարևորությանը։ArmComedy թիմը ներկայացնում է ԼուրջCast

US equity futures rose Friday after Thursday's selloff. Asian equity markets were mixed, and European markets opened mostly softer. The market focus stayed on the “Mag 7” earnings. Amazon shares jumped 13% after hours on accelerating AWS growth and a guidance upgrade, while Apple gained 2% on strong holiday iPhone demand guidance despite weaker China sales. Meanwhile, markets continued to digest the Fed's rate-cut message, while number of sell-side firms reiterated expectations for a December rate cut, upward pressure on rates has persisted, with flatter rate cutting path seen through year-end 2026. On the other hand, the Trump-Xi meeting delivered widely expected trade truce, though broad strokes had already been reported and détente still seen as fragile.Companies Mentioned: Netflix, Warner Bros., Intel, Coherent

Nvidia announces a slew of deals with major South Korean firms involving more than 250,000 Blackwell A.I. chips with CEO Jensen Huang due to address the APEC summit in Gyeongju. Apple posts a Q3 beat thanks to strong iPhone sales while Amazon shares are up 13 per cent in after-hours trade following its fastest growth in cloud computing in years. In Frankfurt, the ECB holds rates steady at 2 per cent for the third consecutive meeting. President Christine Lagarde tells our Italian colleagues at Class CNBC she believes the continent is “in good place”.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

US equity futures were steady Thursday, Asian equity markets ended mixed and European markets opened mostly lower. Markets continued to digest the Trump–Xi meeting outcome, where the US agreed to lower tariffs on China to 47% in exchange for resumed soybean purchases and a one-year pause on rare earth curbs, as well as cracking down on fentanyl precursors. In addition, the US and South Korea finalized a trade deal involving $350B in South Korean investment for tariff relief. Monetary policy was another focus as the Fed delivered a 25 bp rate cut but signaled caution about further easing, with Chair Powell stressing that a December cut is “far from” certain. Meanwhile, the ECB is expected to keep policy unchanged, while the BoJ held rates steady with two dissenters again voting for a hike.Companies Mentioned: Warner Bros., Liberty Global, Telefonica, OpenAI

President Trump slashes tariffs on China to 47 per cent following a “12 out of 10 meeting” with his Chinese counterpart Xi Jinping in the South Korean city of Busan. Trump said that all rare earth restrictions had been lifted as one of several concessions from Beijing. Federal reserve Chairman Jerome Powell casts off assumptions of a definite December rate cut following the FOMC's decision to cut rates by 25bps – their lowest level in three years – causing markets to waver. Airbus posts a Q3 net profit beat and confirms FY guidance despite scaling back production targets for the A220. CEO Guillaume Faury told CNBC that so far US-EU tariffs have not disrupted the plane maker's supply chains. However, U.S. tariffs and Porsche's abandonment of EVs for petrol engines push Volkswagen to a €1.3bn quarterly loss. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

S&P futures are up +0.3% and pointing to higher open as investors gear up for a packed day of earnings. Meta, Microsoft, and Alphabet are all scheduled to report after the close. Asian markets closed mostly higher, with the MSCI APAC ex-Japan index reaching a fresh record high. European equity markets opened mostly softer today, though the FTSE 100 is edging higher, supported by miners and the energy sector. Companies Mentioned: NVIDIA, Apple, Ryerson Holding, Olympic Steel

S&P futures are pointing to a flat open today after a strong Monday session. The early-week risk-on sentiment in markets is driven by signs of US-China trade de-escalation, as Presidents Trump and Xi are expected to approve a framework agreement negotiated over the weekend. However, some reports highlight that the deal primarily restores a fragile trade truce rather than addressing deeper, unresolved issues in the bilateral relationship. Asian markets finished lower on Tuesday, while European markets opened broadly softer. Companies Mentioned: BlackLine, Qorvo, MarineMax

US equity futures are indicating a higher open today. Europe markets have opened higher in early trades. And Asian markets have wrapped up the day higher almost everywhere as trade tensions around the world eased significantly. US and China finalized an outline trade agreement on Sunday, which has been the factor behind the positive sentiment. Japan's Nikkei broke through 50K for the first time in a broad rally. Taiex and Kospi also at fresh record highs.Companies mentioned: Plymouth Industrial REIT, Novartis, Avidity Biosciences, SoftBank, Sony, Warner Bros Discovery

Global investors are rethinking diversification as APAC markets investing takes center stage. As monetary policies diverge and growth paths split across regions, Asia Pacific is emerging as a key source of resilience — and opportunity — in global portfolios.In this episode of The Bid, host Oscar Pulido speaks with Alex Brazier, Global Head of Investment & Portfolio Solutions, and Navin Saigal, Head of Global Fixed Income for Asia Pacific. Joining from Singapore, they share on-the-ground insights into how investor sentiment, policy divergence, and portfolio positioning are evolving across the region.Alex explains how investors' appetite for risk has returned — with the strongest demand for equities and alternatives now coming from APAC. Navin highlights why Asia's fixed income markets have outperformed this year, as conservative fiscal policy and lower inflation have driven steady yields and strong demand. Together, they unpack what these shifts mean for APAC markets investing and global diversification.Sources: BlackRock Investor Survey, September 2025Insights include:· How global investors are reallocating toward Asia Pacific assets· Why policy divergence between the U.S. and Asia is creating opportunities in fixed income· The growing appeal of short-duration bonds and local-currency exposure· How correlations between the U.S. dollar, equities, and bonds are shifting· The renewed focus on gold and liquid alternatives as portfolio diversifiersKey moments in this episode:00:00 Introduction to Global Market Trends00:32 Focus on Asia's Market Dynamics00:51 Insights from Investment Experts01:53 Investor Sentiments and Diversification05:01 Opportunities in Asia's Fixed Income Markets07:25 Equity Market Opportunities11:03 Currency Risk and Hedging Strategies13:55 Challenges in Asia Pacific Investments16:05 Diversification Beyond Traditional Assets19:22 Looking Ahead: Market Predictions for 202521:53 Conclusion and Upcoming Episodes Check out this playlist to learn more about tariff volatility and global markets: https://open.spotify.com/playlist/3iiZbbNz3eI08zXGZ4n3LI