Between Optimism and Uncertainty
The global backdrop remains unsettled, reflected in rising gold prices amid geopolitical tensions. At the same time, however, many major equity indices remain at or close to all-time highs, buoyed by optimism around AI and reinforced by a run of relatively benign US inflation readings. In our charts this week we focus on:
The Blue Chip growth consensus
Central bank policy rate expectations
UK data surprises and the BoE
The impact of Artificial Intelligence
US business formation and productvity growth
China's export growth
The skinny
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