WS #15755
The IMF has raised its 2026 global growth forecast, attributing the resilience to the AI-driven semiconductor boom, which stands in contrast to the current market selloff. In Europe, Germany's September CPI came in at 3.3%, matching preliminary estimates and confirming that inflation is stabilizing rather than accelerating. These data points provide a supportive macro backdrop for equities, suggesting that the current tech correction is sector-specific rather than a sign of broader economic deterioration.
Macro Data & Central Banks
The IMF has raised its 2026 global growth forecast, attributing the resilience to the AI-driven semiconductor boom, which stands in contrast to the current market selloff. In Europe, Germany's September CPI came in at 3.3%, matching preliminary estimates and confirming that inflation is stabilizing rather than accelerating. These data points provide a supportive macro backdrop for equities, suggesting that the current tech correction is sector-specific rather than a sign of broader economic deterioration.