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Moneyfarm investment director Richard Flax said UK GDP rose 0.4% in July, above economists’ zero-growth consensus. Tech-related activity was strong and offset weakness in other sectors. Flax warned that rising energy costs, supply-chain disruption an

2026-09-11

Moneyfarm investment director Richard Flax said UK GDP rose 0.4% in July, above economists’ zero-growth consensus. Tech-related activity was strong and offset weakness in other sectors. Flax warned that rising energy costs, supply-chain disruption and heightened Middle East tensions leave investors uncertain whether the outperformance will persist and translate into broader gains in corporate confidence and investment for the remainder of the year.

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2026-09-11

On Sept. 10 on Fox News, President Trump said that although the war with Iran could affect the upcoming US midterm elections, he does not regret launching it and would act the same way again. He said he “doesn’t agree with the word ‘regret,’” rejecte

On Sept. 10 on Fox News, President Trump said that although the war with Iran could affect the upcoming US midterm elections, he does not regret launching it and would act the same way again. He said he “doesn’t agree with the word ‘regret,’” rejected suggestions some supporters are demoralized—saying they are “very proud” because he prevented Iran from obtaining nuclear weapons—and reiterated the conflict will end immediately after the midterms.
2026-09-11

BofA strategists say US equity outflows and slowing global flows raise the risk of sharper volatility as markets and policymakers remain relevant about rising US Treasury yields. EPFR Global data show US equity funds recorded $14.2bn of outflows over

BofA strategists say US equity outflows and slowing global flows raise the risk of sharper volatility as markets and policymakers remain relevant about rising US Treasury yields. EPFR Global data show US equity funds recorded $14.2bn of outflows over the past three weeks, the largest since January. Global equity fund inflows averaged $7bn per week over the same period, down from $52bn in July. Despite oil topping $100/bbl and record diesel prices, the Fed is still discussing data-dependent rate hikes. BofA strategists, including Michael Hartnett, note that the 30‑year Treasury yield is at its highest since June 2007 and commodities have surged, yet there is little sign of market panic — a combination they call a recipe for heightened volatility. The team also warned that despite roughly $1.5 trillion invested in AI over the past three years, there is little evidence of broad-based productivity gains; total factor productivity has slipped below trend and has been highly correlated with consumer confidence over the past 50 years.
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