US economy, dollar, Treasuries, Fed, and earnings cycle.
Markets
California’s trucking collapse shows oversupply and retreat. India faces driver shortages, Latin America struggles with costly roads, and Africa—undersupplied but growing 6–7% annually toward USD 500B—emerges as the frontier, offering 8–12% IRRs where others strain.
Markets
China’s banks deployed over US$3.2 trillion in tech loans by mid-2025, while Africa’s startups raised under US$3 billion in 2023. This vast credit gap shows one system risking misallocation through excess and another held back by scarcity, with major implications for global investors.
exchange indice
Oxford Industries (NYSE: OXM) beat Q2 profit forecasts, lifting shares 14%. Strong tariff mitigation protected margins as core brands softened and Emerging Brands grew 17%. With low leverage and 10x P/E, OXM offers re-rating potential if brand momentum stabilizes.
Exchanges & Indices
Corteva (NYSE: CTVA) is weighing a breakup to separate its high-margin seeds arm from its risk-laden pesticide unit. With seeds at 41% EBITDA margins versus 17% for chemicals, a spin-off could double valuation, lifting shares from ~$70 today toward $160–170.