This Week in Global Research

This report outlines a positive 12-month outlook for risk assets amidst a potential 'Goldilocks' economic environment. It highlights significant investment trends in AI infrastructure, global memory cycles, and the rapidly expanding anti-obesity pharmaceutical market.

Key Takeaways

• 1.Maintain an optimistic 12-month investment horizon for risk assets, suggesting a Goldilocks environment may be emerging.
• 2.Memory and AI-related infrastructure (DRAM, NAND, HBM, data centers) continue to exhibit supply-demand tightness through 2028.
• 3.Global anti-obesity market (AOM) TAM forecast raised to $114bn by 2030, driven by oral delivery growth.

Table of Contents

• macro issues we're watching
• Focus on investments...and who will pay for all of this
• We update our favorite stock ideas across the world
• the important issues our sector analysts are watching
• A few more sectors to ponder: gold mining, media, and diagnostics
• We hosted our European Financials Conference in Zurich and piggy-backed on Computex in Taipei this week
• Four single stock ideas for the weekend
• Global Market Intelligence