Broker Research: Sector, Macro and Strategy Notes

Goldman Sachs·2026-10-09Sector

SPCXVOD.LEuropean telecoms·Neutral

Goldman Sachs·2026-10-09Strategy

Barclays·2026-10-09Sector

CRWVHUBS.USORCLTEAM.USU.S. Software·Overweight

Morgan Stanley·2026-10-09Macro

US real neutral policy rate: about 1.5%2026US core CPI: 0.24% m/m in September2026-09

Morgan Stanley·2026-10-09Sector

2454.TW2330.TW6531.TW

Nomura·2026-10-09Macro

China real GDP growth: 4.5% y-o-y in Q42026-Q4

Nomura·2026-10-09Macro

US core PCE inflation: forecastSep 2026US core PCE inflation y/y: forecastSep 2026Fed funds rate: pause in October, hike in December, hold in 20272026-2027

Deutsche Bank·2026-10-09Sector

GOOGL META RDDT

Bernstein·2026-10-09Sector

GEELY BYD

Goldman Sachs·2026-10-09Sector

1318.HK2367.HK2657.HK603605.SH

J.P. Morgan·2026-10-09Macro

Goldman Sachs·2026-10-09Thematic

ASPI.US

Goldman Sachs·2026-10-09Strategy

Bernstein·2026-10-09Thematic

HWM.USSPCX

Goldman Sachs·2026-10-09Sector

CELHHSY.USKDP.USMNSTSTZ.US

J.P. Morgan·2026-10-09Macro

Goldman Sachs·2026-10-09Sector

001979.SZ0688.HK

Goldman Sachs·2026-10-09Macro

Bernstein·2026-10-09Sector

SPCX TMUS T VZ

BofA Securities·2026-10-09Rates

BoJ policy rate: additional 25bp hike in Dec2026-12

Research: Broker notes on sectors, macro, rates and strategy

Europe Satellite: SpaceX US spectrum acquisition raises competition risk in US but Europe materially more insulated

KOREA WEEKLY KICKSTART: KOSPI declined by 5% amid continued concerns over elevated rates and Samsung delivering preliminary third-quarter OP in-line with consensus

U.S. Software: Raimo's Roundup: Mapping Software's Growth-Profitability Spectrum Across Sub-Sectors

US Economics Weekly - North America: Much ado about neutral

Investor Presentation Global China AI Semis TSMC MediaTek Preview, China CoWoS Memory, CPO NPO

Asia Insights China: The new policy package continues to unfold, with limited scale

Economic Insights: US: September CPI preview

Internet: Digital Advertising: Takeaways from Call with Ad Agency Head

Asian Autos Global Autos: EU proposing higher trade barriers on Chinese hybrids - Our thoughts

CHINA COSMETICS: MONTHLY TRACKER: Sep-26: Slowdown on Double 11 shift; MGP Jahwa Forest Cabin led; Divergent MNC

Oil Flash Note: April comes twice

Americas Clean Energy: Nuclear: Disruptive Cleantech Series: Quantum Leap Energy

US WEEKLY KICKSTART: The outlook for corporate equity supply and demand in 2027

Global Aerospace & Defense SpaceX, Howmet: Two ways to kill data centers on earth? Our Bernstein Data Center Day presentation

NACS 2026 Detailed Takeaways-Stepped-up innovation, flavors & energy in focus

Agricultural Commodities Update: Weather and El Nino impacts on European ag production and supply chains

CHINA PROPERTY WEEKLY WRAP: Week 40 Wrap-primary volume inspiring

Global Credit Trader: 2027 Default Rates: Higher Risk Within The Left Tail

US Telecom and Aerospace & Defense: SpaceX to acquire low-band spectrum. What does it mean for Telcos?

Global Rates Weekly: License to steepen