Middle East tensions are once again shaking global markets, sending oil prices and bond yields sharply higher just as investors were hoping for a calmer second half of the year. Technology stocks are attempting a rebound, but higher borrowing costs and persistent inflation risks continue to challenge valuations. Meanwhile, Big Tech faces a dilemma: keep investing aggressively in artificial intelligence to stay ahead of rapidly advancing Chinese competitors, or slow spending and risk losing its technological edge. As Alphabet prepares to update investors on its capital expenditure plans alongside its latest earnings, markets may care more about future AI spending than the quarterly numbers themselves. Is the AI investment boom still justified, or is it becoming too expensive to sustain? Watch for the key risks and opportunities shaping the next move in global markets.
Watch the full episode to find out more!
Intro1:14 Middle East tensions sit at the center of global macro news
2:30 FX update
4:22 Investors move to the short end of the yield curve: what’s the implication?
6:19 Tech stocks attempt a rebound
8:15 Alphabet kicks earnings season on Wed, with focus on spending!
