“The Bank for International Settlements estimated in its 2024 annual report that a 100 basis point increase in US term premia reduces GDP in advanced economies by 0.3% and in emerging markets by 0.6% …”
“The Bank for International Settlements — the Basel-based institution that coordinates the world’s central banks and serves as the global financial system’s most authoritative watchdog — sees the $1 t…”
“The five largest hyperscalers are on pace to spend more than $1 trillion on AI-related capital expenditure across 2025 and 2026 combined — a sum the BIS says is already outpacing their earnings and f…”
“The report’s opening chapter documents a second major shock that arrived in early 2026: the closure of the Strait of Hormuz following the start of the Iran conflict in late February, which cut more t…”
