**Smart financial advisers are dropping ROI, NAV and QCD for plain English when talking to clients** (MarketWatch) Not everyone is familiar with the ABCs of financial planning
**Oil hits $115 for first time since May as global stocks knocked by AI fears** (Financial Times) Markets face twin threats of surging crude prices and concern over durability of AI boom
**The stock market is splitting in two. Is that signaling trouble ahead, or just a new set of winners?** (MarketWatch) Tech stocks are slumping — even as more than 300 S&P 500 constituents rose Thursday — and Treasurys are rallying. Here’s what may be changing.
**Anthropic strikes deal to launch European consultancy** (Financial Times) New company backed by Anthropic and UK buyout group Hg will advise companies on how to deploy AI
**Beware Bessent’s tilt towards short-term debt** (Financial Times) If inflation and debt rise and AI optimism falls, then the danger of reducing Treasury maturities grows
**Europe’s largest landlord exposed to €8bn hit from Berlin apartment plans** (Financial Times) Vonovia vulnerable to compulsory purchase of 120,000 flats under proposals from winners of state election
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