Today's Editorial
Why weaker jobs won't mean quicker rate cuts
The first full week of 2026 has been an odd one. Had America not decided to intervene in Venezuela, financial markets might have drifted quietly into the new year with barely a ripple. Instead,...
January 09, 2026 at 09:58 pm
The Supreme Court could make a surprise appearance on Wall Street
Were it not for the turmoil sparked by the US intervention in Venezuela, the start of 2026 would have been remarkably uneventful on the financial markets. The operation has given fresh momentum to the...
January 09, 2026 at 03:16 pm
Peace Was Cheaper
After a roaring start to the year, it seems something has shifted. A sense of unease has crept in as Washington's intentions - towards friends, rivals and neighbors - grow louder and harder to ignore....
January 08, 2026 at 10:06 pm
The "next move" is causing some tension in the financial markets
Stock market indices took a break yesterday, caught up in fears about the United States' intentions toward its neighbors near and far, its allies and its enemies. Washington's openly interventionist...
January 08, 2026 at 03:12 pm
Geopolitics Tests the Rally
Day by day, it can feel as though the world is edging toward a dystopian script. A grinding war in Ukraine drags on, Venezuela's strongman has been captured in a show of modern force, and the White...
January 07, 2026 at 09:40 pm
Records Keep Tumbling on the Stock Market
With three sessions of gains out of three possible in 2026, Western stock indices continue to chart uncharted territory. In the United States, the venerable Dow Jones is now within a whisker of the...
January 07, 2026 at 03:21 pm
Trump Dreams Meet Market Reality
Markets briefly cheered a dramatic arrest, then remembered that oil wells do not refill themselves and wars rarely come with balance-sheet clarity. Energy and defence stocks enjoyed their moment in...
January 06, 2026 at 10:14 pm
U.S. ambitions go down smoothly
The second trading session of 2026 ended firmly in the green for major stock markets, showing little concern over the United States' operations in Venezuela. Oil and defence companies even benefited...
January 06, 2026 at 03:12 pm
Venezuela Falls, Markets Yawn
Washington staged a regime change : markets checked their screens and went back to work. Venezuela's vast oil riches may one day matter again, but for now traders are treating tanks and headlines as...
January 05, 2026 at 09:59 pm
Washington breaks the Christmas truce with a bang
Financial markets are ushering in 2026 with a major geopolitical development, engineered by the United States in Venezuela. A flurry of key events is expected in the first half of January, notably...
January 05, 2026 at 03:07 pm
Nothing to See, Cut Rates
The latest U.S. consumer-price data came in softer than expected. That set off excitement, hope and spreadsheets full of rate-cut fantasies. Markets now put roughly a one-in-four chance on a Federal...
December 19, 2025 at 09:31 pm
Lost in Inflation
The unexpected slowdown in US inflation in November allowed American stock indices to rebound yesterday. Yet the data is questionable, due to the disruption in federal administration earlier this...
December 19, 2025 at 03:09 pm
Inflation Took a Chill Pill
The long awaited CPI data delivered a good surprise for investors. Inflation did what they have been begging it to do: it behaved. Prices rose in November, but gently. Headline inflation came in at...
December 18, 2025 at 10:07 pm
Oracle no longer a prophet in its own land
Investor unease over the AI market party sours sentiment. Oracle has become the sick man of artificial intelligence. The company is crystallising market fears and single-handedly triggered a reversal...
December 18, 2025 at 03:13 pm
The Rally of Low Expectations
This market has stopped asking for answers and settled for vibes. Bad news no longer scares it, but good news rarely excites it. Uncertainty has become the new norm. The trick, for now, is not...
December 17, 2025 at 10:07 pm
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