AI earnings and equities, gauging Bessent’s success and Iran’s economic squeeze

Can another set of blow-out AI earnings reignite the rally that has powered equities for so long but recently seems to have run out of puff?Chief Markets Economist Jonas Goltermann joins The Weekly Briefing from Capital Economics to discuss the latest tech earnings, whether Scott Bessent has managed to cap Treasury yields and what investors will want to hear from Kevin Warsh in his Jackson Hole address.Also on the show, just days after Bessent announced ‘Economic D-Day’ for Iran, Chief Emerging Markets Economist William Jackson assesses how much pain the Iranian economy is in and whether further pressure from the Trump administration could be enough to force Tehran to capitulate.Related contentConcentrated earnings probably mean concentrated returnshttps://www.capitaleconomics.com/publications/capital-daily/concentrated-earnings-probably-mean-concentrated-returnsCan Iran continue to hold out?https://www.capitaleconomics.com/publications/middle-east-north-africa-economics-update/can-iran-continue-hold-out