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SHOCKING: Jim reid - What They Never Told You

Global tech stocks fall as chip sell-off deepens; mortgage rates rise amid renewed Middle East tensions - as it happened

Rolling coverage of the latest economic and financial news

The Guardian - UK

AI’s productivity gains are years away, but if it doesn’t deliver, it could make unsustainable debt levels even worse, Deutsche Bank economist says

Jim Reid was optimistic on AI’s ability to transform the economy, but suggested its benefits were not yet guaranteed.

Fortune

“We’re still making records because we think we’re the best band in the world”: The Jesus and Mary Chain may not have destroyed the music industry as they had hoped, but they gave it a damn good shot

God bless The Jesus and Mary Chain

Louder

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"NME said we were the best thing since the Sex Pistols. Sounds said we were the worst group they'd ever seen." Why William and Jim Reid feared that The Jesus And Mary Chain's classic debut album Psychocandy might never get released

"It's such a shame that you've made a record full of pop songs and wasted them with all this noise"

Louder

The hottest debate on Wall Street right now: Does the flood of mega-IPOs and new shares signal a downturn ahead? That depends

"The reason is that companies tend to issue when equity demand is strong, earnings momentum is healthy and investor risk appetite is elevated."

Fortune

“I can’t stand Eddie Van Halen’s guitar playing”: The Jesus and Mary Chain call Eddie Van Halen one of the “worst guitar players in the world”

The band claims Van Halen’s music influence had a detrimental effect on guitar playing

Guitar World

“I can't stand Eddie Van Halen's guitar playing. I think he ruined rock guitar all through the '80s and '90s 'cause so many people copied him”: Fighting talk from the Jesus And Mary Chain

William Reid: “Guitar players should never learn scales” – Discuss

MusicRadar

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Oil rises and global stocks wobble amid worries over ‘fragile’ ceasefire deal in Middle East – as it happened

Rolling coverage of the latest economic and financial news

The Guardian - UK

March Fed Meeting: Updates and Commentary

The March Fed meeting marked the second central bank gathering of 2026, with Fed Chair Powell & Co. voting to keep interest rates unchanged.

Kiplinger

This week is Jerome Powell's penultimate meeting as chairman of the Fed—don't expect him to drop Wall Street many hints

"Only expect minor statement tweaks, including smoothed language on recent labour data," noted Deutsche Bank's Jim Reid.

Fortune

Recession and stagflation risks are rising due to Iran conflict, as economist warns it’s ‘getting harder to argue disruption will be temporary’

"Clearly, the longer that oil remains at these levels, expectations of a sustained shock will only grow," Deutsche Bank's Jim Reid said.

Fortune

A shiny new Fed chair will be keen to make an entrance with a base rate cut—yet the committee is only growing more hawkish due to Iran

“Clearly there’s growing skepticism that a new chair can start cutting straight away, particularly with the data as strong as it is right now,” noted Deutsche Bank’s Jim Reid.

Fortune

Deutsche Bank asked AI how it was planning to destroy jobs. And the robot answered

It’s like looking into a crystal ball, or being told by your predator exactly how you’ll be consumed.

Fortune

Friday the 13th brings global selloff in stocks and gold as AI fear grips markets

But analysts on Wall Street this morning are suggesting that the selloff may be overdone.

Fortune

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Fortune

Don’t get comfortable with the global stock rally today: Goldman’s ‘Panic Index’ is approaching ’max fear’

Every time stocks take a dip in reaction to bad news, a relentless wave of buy-the-dippers has stepped up to send them back upward again.

Fortune

‘FOMO’ trade finally loses steam as gold and silver sink on Warsh nomination

“Price action had long since detached from any sane discussion on debasement, but it often takes only a small ripple to trigger a broader correction,” noted Deutsche Bank’s Jim Reid.

The Guardian - US

Taco Thursday: European and US stocks rise after Trump ‘chickens out’ over tariffs

Gains come after US president says he will not use military force to acquire territory and cites ‘framework deal’

Fortune

Wall Street is once again banking on the TACO trade because they've been 'burned' by believing Trump before

At the time of writing, only 17% of Polymarket bettors believe all the tariffs Trump has threatened against Europe will go into effect on Feb. 1. A further minority of 40% believe any tariffs will go into effect in a fortnight’s time.

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Fortune

America’s ‘Achilles Heel’ of national debt is exposed by Trump’s Greenland tariff threat, warns Deutsche Bank

"While in many ways it feels like the U.S. holds the economic cards, it doesn’t hold all the funding cards in a world that will be very disturbed by the weekend’s events."

The Guardian - UK

US oil company shares and Venezuelan bonds rally after Maduro seized, sending Dow to record high – as it happened

Rolling coverage of the latest economic and financial news, with gold and defence company shares also higher today

Fortune

Stocks: Everything is on hold until the Fed delivers that rate cut on Wednesday

The market will get moving again once it digests Chair Powell’s statement and his remarks to the press.

The Guardian - UK

Global stock markets fall sharply over AI bubble fears

Drop in US, Asia and Europe follows warning from bank bosses that market correction could lie ahead

Fortune

The U.S. housing market is 'starved' for affordability: Boomers edge millennials and Gen Z out of homeownership in record numbers

Home buyers need to make six figures to afford a median-priced home in the U.S.

Fortune

For now, data ignorance is bliss on Wall Street as investors warned not to rely too heavily on private surveys

"The danger with this data is that its message will be given unwarranted credibility by the absence of proper economic data," said UBS's chief economist, Paul Donovan.

Fortune

Powell gave traders a green light to double down on AI—but the markets punished Meta and Microsoft anyway

The market declined to demonstrate irrational exuberance despite upbeat remarks from the Fed.

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