markets
Bank Earnings and CPI Will Test Whether Wall Street Can Absorb Higher Rates
Six US banks report as September inflation arrives. The question is whether profits can outweigh tighter funding and higher discount rates.
Author
Andrew Callahan
Senior Markets Correspondent, Global Markets Review
Andrew Callahan is a senior markets correspondent at Global Markets Review, covering US equities, Federal Reserve policy, corporate earnings, and the macroeconomic forces influencing global financial markets.
His work examines how monetary policy, economic data, and changing investor expectations translate into movements across stocks, bonds, currencies, and major market sectors.
Andrew's markets coverage follows the path from macro data to asset prices. He looks at rate expectations, earnings, sector breadth and positioning separately, which helps explain when an index move reflects a broad change in fundamentals and when it is being carried by a narrow group of companies.
His Federal Reserve reporting is similarly focused on transmission. Policy language matters because it changes expectations, but the longer market effect depends on inflation, labour data, financial conditions and company earnings. His work keeps those layers visible rather than reducing every session to a single catalyst.
Andrew Callahan holds no positions in individual securities covered by Global Markets Review.
Articles by Andrew Callahan
finance
Oil and Bond Yields Are Repricing the Same Global Constraint
Brent above $102 and US ten-year yields near 24-year highs are not separate market stories. Together they show how an energy shock is narrowing the room for governments and central banks to support growth.
technology
AI Memory Scarcity Is Moving From Prices Into Contracts
Micron ended fiscal 2026 with record revenue and $32 billion of customer commitments under long-term supply agreements. The memory cycle is no longer being expressed only through spot prices; customers are prepaying to secure capacity.
news
China's Factory Rebound Is Real, but It Is Still Uneven
China's official manufacturing PMI returned to expansion at 50.1 in September. Production accelerated and orders held up, but small firms, employment and backlogs still describe a recovery with narrow foundations.
news
The Bond Selloff Is Repricing the Entire Cost of Capital
The US 10-year Treasury yield has moved above 5.27% while sovereign yields rise across major economies. This is no longer a narrow rates trade: the hurdle rate for governments, companies and households is being reset.
news
The Bond Market Has Started Charging an AI Premium
AI-linked issuers trade at wider spreads than the investment-grade market as hyperscaler borrowing heads toward a projected $420 billion in 2027. Credit investors are forcing the infrastructure boom to explain its returns.
stocks
SoFi Is Moving a $25 Billion Card Program Onto Stablecoin Settlement
SoFi is migrating more than $25 billion of annualized Mastercard card volume to SoFiUSD settlement. GMR examines the economics behind the blockchain headline.
finance
SoftBank Is Borrowing $11 Billion for OpenAI. The AI Boom Is Becoming a Credit-Market Story
SoftBank's bond sale moves the AI investment cycle beyond venture capital and equity. Credit investors are increasingly being asked to finance the race for AI exposure.
markets
Europe's Economy Is Accelerating Into an Energy Shock. Markets May Be Underpricing the Collision
Eurozone activity is growing at its fastest pace in almost three and a half years just as energy costs push price pressures higher. That is a less comfortable combination for markets than stronger growth alone suggests.
markets
The Nasdaq Is Back at a Record. This Time the AI Trade Looks Different
Technology stocks have reclaimed market leadership as oil retreats, but the recovery says as much about changing risk assumptions as it does about renewed enthusiasm for AI.
markets
Megacap Tech Led the September Rally, but Market Breadth Was Positive Too
The S&P 500 rose 1.06% and Nasdaq 1.40% on 3 September 2026. Megacap technology led, but advancing stocks also outnumbered decliners.
markets
Largest Japanese Companies by Market Cap: A Dated Top 20
Japan's 20 largest listed companies by market value in an August 2026 snapshot, with listing codes, sectors, methodology and links to Japan's market and index guides.
analyst ratings
Nvidia Got a Wall of Target Raises. The Estimates Matter More Than the Headlines.
Nvidia analyst price-target upgrades after August 2026 earnings, including new targets from Bernstein, Evercore, Raymond James, JPMorgan and others.
earnings
The GLP-1 Gap Is Widening: What Q2 Says About Lilly and Novo
Eli Lilly grew Q2 revenue 48% while Novo Nordisk's adjusted sales rose 7% at CER. Here is what the divergence means for investors.
stocks
Inside the World's 20 Largest Banks
A guide to 20 of the world's largest listed banks, including JPMorgan, Bank of America, ICBC, China Construction Bank, HSBC, Morgan Stanley and UBS.
analyst ratings
Micron's Analysts Are Bullish, but They Cannot Agree on the Right Number
Micron analyst ratings in August 2026, including New Street's upgrade and target cuts from Citi and Mizuho amid a volatile memory-cycle outlook.
markets
The S&P 500 Explained: Companies, Weighting and What Moves the Index
A practical guide to the S&P 500, including how companies enter the index, how market-cap weighting works and why mega-cap stocks matter so much.
analyst ratings
Palantir's Earnings Triggered Real Upgrades, Not Just Higher Targets
Palantir analyst upgrades and price-target changes after its August 2026 earnings, including Deutsche Bank's upgrade and new targets from major brokers.
stocks
15 of the World's Largest Asset Managers
A guide to the world's largest asset managers, including BlackRock, Vanguard, Fidelity, State Street, J.P. Morgan Asset Management, Capital Group and Amundi.
markets
20 Largest Companies in the S&P 500 by Market Capitalisation
A guide to the largest companies in the S&P 500 by market capitalisation, how index weighting works and why megacap stocks matter so much to index returns.
earnings
JPMorgan’s Record $21.2bn Quarter Says the Deal Cycle Is Back Before Rates Come Down
JPMorgan posted a record $21.2bn quarterly profit as investment-banking fees, equity trading and loan growth all strengthened.
stocks
20 High-Dividend S&P 500 Stocks Investors Should Know
A guide to 20 high-dividend S&P 500 stocks, how dividend yield works and what investors should check before relying on a high payout.