WisdomTree
Bitcoin vs Gold: Relative Value Says Crypto Is Cheap
WisdomTree’s latest digital assets note argues that Bitcoin is not best viewed in isolation, but as a monetary asset relative to gold—and on that basis it screens materially undervalued.
WisdomTree’s Bitcoin-in-Gold mode...
2026-04-25
2026-04-24
BlackRock/iShares
AI’s Spending Cycle Is Accelerating
BlackRock Investment Institute says the AI buildout is evolving into a “supercharged mega force,” with stronger revenues and rising capex reinforcing a pro-risk stance on equities.
Consensus estimates for hyperscaler capex fro...
2026-04-24
ING Bank
Rates Spark: Oil Is Rising, and Markets Cannot Ignore It Forever
ING’s latest rates strategy note argues equity markets remain complacent, while bond markets are already repricing the inflationary consequences of higher oil and a prolonged Hormuz disruption.
With Brent back above $100, ING s...
2026-04-23
Robeco
Central Banks Face a Crude Disruption
Robeco’s April Central Bank Watcher argues the Iran war has become a global monetary policy shock, forcing central banks to delay easing plans and reconsider inflation risks through the energy channel.
Robeco sees the Fed still...
2026-04-23
Northern Trust
Inflation Is the Real U.S. War Risk
Northern Trust’s April outlook says the main economic threat from the Iran conflict is not recession, but a renewed inflation pulse through energy and disrupted supply chains.
Oil, gas, fertilizer, helium, plastics, and aluminum dis...
2026-04-21
Morgan Stanley
Shock, Then Repricing
Morgan Stanley Investment Management describes March as a regime shift in markets, where geopolitical conflict displaced the AI narrative and forced investors to price inflation, energy disruption, and tighter policy all at once.
Oil surg...
2026-04-21
NatWest Group
Britain Was Recovering—Then the War Hit
NatWest’s latest UK macro note argues Britain had begun to build a fragile recovery, but the Middle East conflict has reversed sentiment and revived inflation pressure before momentum could fully take hold.
UK GDP rose 0.5% mon...
2026-04-21
Nuveen
Stocks Ignore the War, EM Debt Offers Value
Nuveen’s CIO commentary highlights a striking divergence: equities pushed to fresh highs despite war risk, while fixed income and emerging markets now offer more attractive relative value.
The S&P 500 hit new all-time highs...
2026-04-21
Capital Group
Bonds Need to Evolve Beyond Old Defenses
Capital Group argues traditional developed-market government bonds may no longer be sufficient as portfolio ballast, requiring a more dynamic global fixed income approach across sectors, regions, and currencies.
Record developed-market bo...
2026-04-20
Allianz Global Investors
Chips Down, Convictions Up: AllianzGI Doubles Down on AI Infrastructure
Allianz Global Investors argues that recent weakness in semiconductors and AI equities may be a pause rather than a peak, as the next growth phase shifts from training models to real-world inference demand.
The firm remains constructive o...
