AGP Executive Report
Last update: 8 hours agoMarket Rout: Hot US inflation reignited rate-hike fears, helping drive Wall Street’s worst session since July and a sharp Asian tech selloff. Chip shares fell even as TSMC reported record quarterly profit. AI Debt Risks: CoreWeave’s shares and bonds slid as investors questioned debt-funded AI expansion and the outlook for smaller cloud providers, putting the broader AI investment boom under scrutiny. US Economy: September retail sales beat expectations, partly on higher gasoline prices, while jobless claims stayed below 200,000, pointing to resilient spending and limited layoffs amid persistent inflation. Oil Outlook: OPEC sees global demand growth accelerating to 2.6 million barrels a day in 2027, after trimming its 2026 forecast to 200,000. Growth Forecasts: The IMF raised India’s FY27 growth outlook to 7%; it projects 4.5% growth for Sub-Saharan Africa as inflation risks mount.
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