Opinion

Investors are navigating a landscape where central bank messaging, not earnings or growth, is setting the tone. Global markets are ending the year in a familiar but uneasy posture: asset prices remain

Stable yields may reflect confidence in inflation control, but also skepticism about growth. Equity investors have taken comfort in the bond market’s recent calm, interpreting steady government yields as a sign that

Optimism around soft landings risks colliding with slower profit growth. Equity markets have grown increasingly confident that the economy can decelerate without meaningful damage to corporate profits. That assumption underpins current valuations,

Rising index dependence on a handful of stocks reflects structural change, not just speculation. Equity markets are increasingly driven by a small group of dominant companies, and investors appear far less uneasy