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HSBC's multi-asset chief: almost 45 Nasdaq 100 names have lost 10 points of multiple
4 calls: Why 100bps of Fed hikes is already in the price, what the systematic funds are flashing against everyone else, and the line on the chart he…
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Morgan Stanley's Europe equity chief: the 10-year discount to the US broke out in January
5 calls: Why she thinks the gap keeps closing to single digits, what 19% earnings growth in Europe is built on, and how much of the index is AI capital…
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Carnegie fellow: a pause on frontier AI alone is too good a deal for China to happen
21 arguments: Why he puts about 10% on doom once political outcomes are counted, the compute-for-access deal he wants Europe to strike, and why…
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Bloomberg Intelligence analyst: today's models are already good enough to carry demand
6 calls: Why he thinks Anthropic still wants to list this year, where the money goes if the frontier slows, and how Europe's mood on AI differs from…
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Nico Wittenborn: Bending Spoons is often the only serious bidder, so it sets the price
13 lessons: why the chat assistants ate the consumer app opportunity, what RevenueCat's data shows about launches, and the 18 months it took to raise…
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Kenneth Rogoff: the dollar's exorbitant privilege peaked around 2015
15 lessons: Why he thinks a debt crisis is the only thing that will force action, what Germany's bond buying cost it, and the floor he puts under…
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Dan Muzzarelli: some US clients cut their non-US allocation below 5% by 2023
7 principles: Why he says there is never a bad time to start, what India, Korea and Japan each offer a portfolio, and why Europe's banks are the ballast…
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Suranga Chandratillake: UK pension funds benchmark each other, and that's the mistake
8 arguments: Why state money cannot manufacture unicorns, how British procurement rules end up favoring Oracle and Microsoft, and what the AI slowdown…
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Tina Fordham: geopolitical shocks tripled before Trump 2.0 even started
4 arguments: why the US withdrawal as global backstop is the real story, the trap she says Iran has become, and why Europe's trust in America won't…
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Joanne Crevoiserat: 25M women turn 18 every year in the markets Tapestry serves
6 arguments: Why the Coach parent's stock fell 30% on a beat, where 70% of the growth is meant to come from, and the three things she says will fix Kate…
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Joe Faraday: why he sold LVMH and bought a Greek bank and a German arms maker | Short Briefings on Long Term Thinking
Baillie Gifford's new head of European equities on why the continent now looks more like emerging markets, what Rheinmetall has to prove, and the AI…
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Daniel Mahncke: Palantir scores 155% on the rule of 40, and he still will not buy it | The Intrinsic Value Podcast
Why nobody has copied the ontology, what Karp's 18-month pledge would do to a stock at 60 times sales, the Accenture handoff neither host follows, and…
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