FRED Adds Median Inflation Data from the Cleveland Fed

Artificial intelligence is all everyone has talked about since the arrival of ChatGPT, but HSBC’s global chief investment officer thinks investors are still underestimating it.

“I’m torn between respecting my brother’s wishes, being fair to my sister, and preserving a relationship that means a great deal to me.”

Earnings growth is almost halving across major indices in 2027 but stocks have already discounted much of that deceleration. Goldman recommends investors focus closely on those companies still delivering strong growth – as strong growth becomes a scarce commodity.

“She’s 69 and otherwise healthy as a horse.”