THE WORLD AHEAD 2026

 

Link: https://www.economist.com/the-world-ahead/2025/11/10/tom-standages-ten-trends-to-watch-in-2026

Global Chipmakers' Market Share by Revenue

 

BATMMAAN Returns

 

The S&P 500, Nasdaq 100, and Russell 2000 all climbed markedly higher on Monday. Broadcom was the best-performing stock in the S&P 500 as rave reviews for Google’s Gemini 3 boosted the appeal of its custom chips. Tech led the pack among sector ETFs as the AI trade was back in favor, followed by consumer discretionary, driven by gains in Tesla. In fact, every BATMMAAN stock rose. Dovish commentary from Fed Governor Christopher Waller fueled December rate cut optimism.

Berkshire Hathaway Inc. News Release

 Link: https://www.businesswire.com/news/home/20251110088190/en/Berkshire-Hathaway-Inc.-News-Release

AI 2027

Link: https://ai-2027.com
 

China's control over rare earth materials gives it leverage

 

Big Tech's earnings outpace those of the global market

 

Rare Earths, Rare Independence

 

Source: USGS Mineral Commodity Summaries, VisualCapitalist

Source: China Water Risk Report, “Rare Earths: Shades Of Grey”

Investor’s Corner: A rising liquidity tide lifts all markets

 

Global liquidity is the stream of cash and credit flowing through the financial system – think of it as oxygen for a debt-based global economy. Economists track this through aggregated M2 money supply, which includes currencies and bank deposits across major economies. At nearly US$96 trillion today, it's one of the most powerful forces shaping markets, and it’s only growing bigger.

During the pandemic crisis in 2020, for example, a burst of stimulus helped cushion economies against a massive slump. Another wave came in 2024, offsetting the impact of higher interest rates. That’s probably a big reason why the economy has chugged along over the past couple of years and avoided a recession: liquidity has kept flowing despite rising rates.

The nuclear option