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What I Am Reading

Thursday, May 21, 2026

Markets

Wall Street thinks there’s a chance the S&P 500 could push 20% higher by 2027Fortune
Nvidia earnings surge while SpaceX IPO plans and Iran peace hopes shape marketsYahoo Finance

Credit

The Dangerous Brew That’s Rattling Bond MarketsWall Street Journal

Commodities

Oil prices recover as uncertainty over Iran talks and shrinking inventories support marketYahoo Finance
Gold Steadies as Hopes of US-Iran Truce Lower Odds of Rate HikesBloomberg

Central banks

The ECB’s window to ‘look through’ the energy shock has already shutFinancial Times

US

Trump’s war is wrecking Trump’s economyWashington Post
U.S. to Award Quantum-Computing Firms $2 Billion and Take Equity StakesWall Street Journal

Europe

Euro zone growth set to slow in 2026 as Middle East conflict fuels inflation, says EU CommissionReuters
Germany’s Slow Industrial SuicideWall Street Journal

Japan

Japan’s megabanks post record profits, but analysts warn growth may slow as risks mountCNBC

China

Tesla brings 'Full Self-Driving' to China after years of delays as local EV rivals race aheadCNBC

AI

Nvidia beats expectations again as AI boom drives revenue surge, but shares slipYahoo Finance
SpaceX, Anthropic and OpenAI’s Sprint to Go Public Defines the AI Boom’s Big DayWall Street Journal

Global Economy & Trade

The Global Oil Crisis Is Wreaking Havoc on Asian CurrenciesBarron's
Global Economy Slowing as Middle East Conflict Bites, Surveys ShowWall Street Journal
China Warns EU of Retaliation as Bloc Mulls Tougher Trade CurbsBloomberg
UK and Gulf States Hail Trade Deal After Four Years of TalksBloomberg

Geopolitics

Iran Warns of Wider War Beyond Middle East If US Resumes AttacksBloomberg

Beyond Markets

US to Award Quantum Computing Firms $2 Billion and Take Equity StakesWall Street Journal

UK Inflation Rate (April 2026)

Source:Office for National Statistics