Alphabet’s 100‑Year Bond: Ambition, Appetite and Anxiety in the AI Debt Boom

Alphabet’s decision to issue a 100-year sterling bond has captured the attention of global markets, not only because of its rarity but also because of what it signals about the escalating competition in artificial intelligence. 100 year sterling bond A century-long bond denominated in pounds is an extraordinary financing move, particularly for a technology company. …

Nvidia Q3 results were very strong – but does the AI bubble reside elsewhere – such as with the debt driven AI data centre roll out – and crossover company deals?

Nvidia’s Q3 results show strength, but the real risk of an AI bubble may lie in the debt-fuelled data centre boom and the circular crossover deals between tech giants. Nvidia’s latest quarterly earnings were nothing short of spectacular. Revenue surged to $57 billion, up 62% year-on-year, with net income climbing to nearly $32 billion. The …

U.S. debt surges close to $37 trillion after ‘Big Beautiful Bill’ -Elon Musk sounds alarm

Following the passage of President Donald Trump’s sweeping tax and spending legislation, dubbed the One Big Beautiful Bill, the U.S. national debt has officially soared to nearly $37 trillion, with projections suggesting it could hit $40 trillion by year’s end. The bill, which extends 2017 tax cuts and introduces expansive spending on defence, border security, …

Debt and trade issues weaken UK growth – so says the OECD

The latest OECD report presents a cautious outlook for the UK economy, predicting slower growth amidst global uncertainties and domestic fiscal challenges. The UK’s GDP is projected to grow by 1.3% in 2025 and 1% in 2026, reflecting a slight downward revision. According to the OECD, trade tensions, particularly U.S. tariffs, are disrupting global supply …

Moody’s Downgrades U.S. Credit Rating Amid Rising Debt Concerns

Moody’s Investors Service has downgraded the United States’ sovereign credit rating from Aaa to Aa1, citing concerns over the country’s growing debt burden and rising interest costs. This marks the first time Moody’s has lowered the U.S. rating, aligning it with previous downgrades by Standard & Poor’s (2011) and Fitch Ratings (2023). The downgrade reflects …

Debt, debt and even more debt – the UK and its borrowing habit

As of September 2024, the UK’s national debt stands at £2,685.6 billion, which is approximately 100% of the country’s GDP. This is the highest level of public sector debt since 1961. UK debt and its borrowing As of 2024, the United Kingdom’s national debt has reached a staggering £2,685.6 billion, an amount equivalent to the …

IMF head warns of worrying high debt and low growth combination

The International Monetary Fund’s leader warned on Thursday 17th October 2024 that the global economy continues to be hindered by high government debt and sluggish growth. MD Kristalina Georgieva praised the efforts of major central banks in controlling inflation but pointed out that such successes were not widespread. Additionally, Georgieva cautioned that international trade is …

UK national debt as a percentage of GDP is now 99.5%

Highest ratio since the 1960’s and even higher than that reached during the Covid pandemic of 2020. The UK’s national debt has reached its highest level since 1962. Official figures from the ONS show that the total government debt amounted to 99.5% of the economy’s value in June 2024, surpassing the peak levels experienced during …

U.S. debt and deficits are generating concerns about potential threats to the economy and financial markets

The federal debt reportedly reached $34.5 trillion, marking an increase of approximately $11 trillion since March 2020. This surge has sparked discussions among government and financial leaders, with a notable Wall Street firm questioning whether the associated costs could threaten the stock market’s upward trend. The Congressional Budget Office projects that the public debt will …

WEF president warns about global debt levels

Borge Brende, the president of the World Economic Forum (WEF), recently issued a stark warning about global debt levels. Speaking at the ‘Special Meeting on Global Collaboration, Growth and Energy for Development‘ in Riyadh, Saudi Arabia, (see WEF website), he highlighted that global debt ratios are approaching levels not seen since the 1820s. The WEF president also reportedly emphasized …

China’s debt outlook downgraded by Moody’s as economy slows

A Downgrade Amidst Economic Slowdown In a significant development that has raised concerns among investors and policymakers worldwide, China’s debt outlook has been downgraded as the country grapples with a slowing economy. This move reflects growing apprehensions about the sustainability of China’s economic growth and its ability to manage its burgeoning debt. Moody’s issued the …

America and its $1 trillion credit card debt

U.S. citizens have accumulated a record-breaking $1 trillion in credit card debt. The Federal Reserve’s interest rate hikes through 2023 have caused average interest rates for credit cards to spike to more than 22%. Rates on retail credit cards are even higher, nearing 29% on average. Despite rising costs and higher borrowing rates, a record number of …

Credit card debt in the U.S. reaches new high of $1 trillion

Problem? Americans are using their credit cards more than ever, pushing the total balance to over $1 trillion for the first time in history, according to a report from the New York Federal Reserve. The report, released August 2023, showed that credit card balances rose by $45 billion to $1.03 trillion in the second quarter …

UK Borrowing Falls, Offering Treasury Some Relief – March 2026

The latest public finance figures show that government borrowing has dropped to a lower‑than‑forecast level, helped by stronger tax receipts and easing inflationary pressures. While the precise numbers will be scrutinised in the coming days, the headline outcome marks a modest but meaningful improvement in the UK’s fiscal position. Softer inflation and lower interest rates …

Oracle Cuts Deep as AI Pivot Forces a Reckoning

Oracle is swinging hard at its own workforce as the company races to reposition itself as an AI‑infrastructure contender. Thousands of roles are being eliminated, a drastic move that reflects the sheer financial pressure of trying to keep up with hyperscale rivals in the most capital‑intensive tech shift in decades. The company’s share price has …

Gold and Silver prices slide as inflation fears jolt markets

Gold and silver prices have come under renewed pressure this week as a broad commodities sell‑off gathers pace, driven by a resurgence in global inflation concerns. After months of steady gains, both metals have slipped sharply, catching out investors who had positioned for a more defensive environment. The trigger has been a run of hotter‑than‑expected …

The Market’s Coiled Spring: Why Ultra‑Tight Ranges Rarely End Quietly

Markets rarely sit still without reason. When they do — as they have in recent sessions, grinding sideways in an ultra‑tight range — it signals not calm but compression. Price action becomes like a coiled spring: energy building, tension rising, and traders waiting for the moment when restraint snaps into motion. This week’s narrow trading …

UK Chancellor Rachel Reeves’ £100 Billion Tax Haul: What Does Britain Have to Show for It?

The Treasury’s latest figures reveal that the UK government collected more than £100 billion in taxes in a single month — a staggering sum that ought to signal a nation investing confidently in its future. Yet the public mood tells a different story. For many households and businesses, the question is simple: if the money is …

The ups and downs of Gold and Silver as prices collapse from record highs

The precious metals market has endured one of its most dramatic reversals in modern trading history, with gold and silver plunging from last week’s extraordinary peaks to deep intraday lows. Gold, which surged to an unprecedented $5,600 per ounce, fell back to around $4,500, while silver has retreated from highs near $120 per ounce to …

AI bubble – is it going to burst or just deflate very very slowly?

Either way, the balloon is close to popping! AI‑linked markets are undeniably stretched, and the debate over whether a correction is imminent has intensified. Several analysts warn that valuations across AI‑heavy indices now resemble late‑cycle excess, with the Bank of England noting that some multiples are approaching levels last seen at the peak of the …