Over the past five years, US equities have defied gravity, powering through a pandemic, supply chain chaos, and a historic tightening cycle to post record highs. Wall Street cheered, tech stocks soared, and valuations reached levels unseen since the dot-com era. For many, the rally became self-fulfilling: every dip was bought, every correction shallow. But

US treasuries: The global benchmark For decades, US Treasury securities have stood as the cornerstone of global finance, considered risk-free assets, deeply liquid, and a gauge for global investor sentiment. Movements in US Treasury yields have traditionally signalled shifts in economic momentum, monetary policy direction, and global capital flows. As yields rose, they typically attracted

Crude oil is often called the engine of the global economy—and for good reason. It fuels everything from cars and planes to power plants and factories. Beyond its role as energy, it’s also a key input in countless industries—from plastics to pharmaceuticals—making it a vital cog in the machinery of modern life. So, when oil

From households to Wall Street and factories to foreign capitals, uncertainty is gripping every corner of the economy. President Trump’s sweeping new reciprocal tariffs, introduced in early April, have triggered financial market chaos, spooked consumers, and forced companies to put their spending and investment plans on hold. While policymakers assert that the economy remains fundamentally