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The preliminary reading of the S&P Global Services PMI for September in the United States was 58.7, below the expected 56 and the previous reading of 56.5.

2026-09-23

The preliminary reading of the S&P Global Services PMI for September in the United States was 58.7, below the expected 56 and the previous reading of 56.5.

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2026-09-23

OECD expects near-term inf to rise on higher commodity prices, but to ease by 2027 as energy prices retreat and monetary tightening helps restrain broader price pressures.

OECD expects near-term inf to rise on higher commodity prices, but to ease by 2027 as energy prices retreat and monetary tightening helps restrain broader price pressures.
2026-09-23

1. Meta released its AI assistant, Muse, marking the upgrade of AI from a "you ask, I answer" model to an "Agent" era of "helping you get things done." JPMorgan's core judgment: Whoever controls the user's Agent entry point controls the main gate of

1. Meta released its AI assistant, Muse, marking the upgrade of AI from a "you ask, I answer" model to an "Agent" era of "helping you get things done." JPMorgan's core judgment: Whoever controls the user's Agent entry point controls the main gate of consumer demand. Amazon has urgently blocked Muse from accessing its platform, precisely to prevent losing its e-commerce entry point. 2. Computing power is no longer solely dominated by GPUs. JPMorgan points out that Agent background tasks do not require sub-second response times and can be executed using ordinary chips such as CPUs. The demand for AI computing power is shifting from a GPU monopoly to a diversified diffusion across CPUs, storage, networks, and servers. 3. Industries that "profit from user laziness and information asymmetry" should be wary. The report names: video/music subscriptions, insurance, credit card points, payments, and telecom operators—industries that rely on "customers finding it troublesome to switch" or "not understanding the terms and conditions" to maintain profits—will have their profit margins eroded by Agent's automatic price comparison and one-click switching. (JPMorgan report, September 22)
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