Stories

Capital Flow

Shows how policy, balance sheets, market structure, and investor expectations transmit change across industries.

TSO / High confidence

The Best Companies Worth Holding Long-Term: Morningstar's 2026 Annual Picks

Morningstar releases its 2026 list of best companies, covering multiple industries including consumer, financials, healthcare, industrials, and technology. These companies possess wide economic moats and predictable cash flows, making them worthy of attention for long-term investors. However, analysts remind that even high-quality companies need to be bought at reasonable prices.

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TSO / High confidence

2025 Crypto Market Review (Part 1): The Year Cryptocurrency Came of Age

In 2025, cryptocurrency has completely shed its "Wild West" image, with global regulatory frameworks being rolled out intensively. The U.S. CLARITY Act and GENIUS Act clarified the boundaries of authority, and the EU's MiCA was fully implemented. ETFs/ETPs for Bitcoin, Ethereum, Solana, XRP, and others were approved one after another, and staking-based and multi-asset products emerged. Governments in many countries accelerated the piloting of regulated stablecoins and CBDCs, and digital assets are being incorporated into the core of the global financial system.

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TSO / High confidence

The New Monetary Trilemma: CBDCs, Stablecoins, and Tokenized Treasuries — Who Will Prevail?

With the rapid development of digital finance, CBDC, stablecoins, and tokenized treasuries have become three paths for currency digitalization. The article compares their governance models, political economy implications, and social trade-offs, and discusses the different choices made by the United States and the European Union.

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TSO / High confidence

2026 Automotive Industry Market Outlook: Electrification and Intelligent Driving Drive Scale Doubling

The report predicts that the global automotive market will maintain a compound annual growth rate of 6.92% from 2025 to 2035, with North America leading innovation and the Asia-Pacific region serving as the growth engine. Key growth drivers include the adoption of electric vehicles, advancements in autonomous driving technology, and demand from emerging markets. Industry giants such as Toyota, Volkswagen, and General Motors are accelerating their transformation.

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