Broker Name: CGS International
Date of Report: November 24, 2025
Excerpt from CGS International report.
Report Summary
- The AI capital expenditure cycle remains robust, even as some risk assets (especially data centre and private-asset companies) have seen corrections; the fiscal environment in the US is supportive, with the government motivated to maintain strong economic growth ahead of the 2026 mid-term elections.
- Japanese government bond yields have surged, highlighting fiscal and funding vulnerabilities, as Japan relies heavily on domestic investors for debt financing; a sharp yen depreciation could force Japanese institutions to repatriate foreign assets, potentially triggering global carry trade unwinds and increasing systemic risk.
Above is an excerpt from a report by CGS International. Clients of CGS International can be the first to access the full report from the CGS International website : https://www.cgsi.com
