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TSMC (TSM.N) sees 2026 U.S. dollar‑denominated revenue growth slightly above 40%, up from a prior forecast of above 30%.

2026-07-16

TSMC (TSM.N) sees 2026 U.S. dollar‑denominated revenue growth slightly above 40%, up from a prior forecast of above 30%.

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2026-07-16

According to Iranian media Fars News, multiple Iraqi sources say that several explosions have occurred in Erbil, Iraq.

According to Iranian media Fars News, multiple Iraqi sources say that several explosions have occurred in Erbil, Iraq.
2026-07-16

On July 15th, the Buffett Indicator (CSI 300 market capitalization/GDP) slightly decreased to 90.51%, still fluctuating near the upper end of its ten-year range in the long term. The equity risk premium (ERP) of the CSI 300 Index, a stock-bond ratio

On July 15th, the Buffett Indicator (CSI 300 market capitalization/GDP) slightly decreased to 90.51%, still fluctuating near the upper end of its ten-year range in the long term. The equity risk premium (ERP) of the CSI 300 Index, a stock-bond ratio indicator, moderately declined to 5.17%, remaining around 5.2% since July, at the lower end of its range since October 2024, suggesting that the current yield advantage of stocks relative to government bonds is not significant. Note: 1. The Buffett Indicator compares total stock market capitalization to GDP to determine whether the stock market is currently overvalued. Generally, 70-100% is considered a normal valuation; below this range is considered undervalued, and above is considered overvalued. 2. The risk premium (ERP) of the CSI 300 Index is mainly compared with the returns of the CSI 300 and the yield of government bonds. Statistics from the past 10 years show that this indicator has a clear inverse relationship with the stock index. Every time the stock market is in the bottom area, the risk premium exceeds 6%. That is, when ERP ≥ 6%, the stock market has investment value, while when ERP ≤ 4%, the stock market is often close to or at a stage high, the investment value is low, and there is even a risk of correction.
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