Tech Earnings Weigh on Wall Street as US Midterms and US$110 Oil Shape the Outlook October 31, 2026 Dave Dookie, CEO US technology stocks retreat on earnings disappointments: The Nasdaq Composite fell 2.00% and the S&P 500 lost 0.56% as weak results from Amazon and Intel hit sentiment, with Alphabet down 12.61% on the week. Midterms set to test Washington's balance of power: Forecasters favor Democrats to win the House on November 3, while Senate control is close to a toss-up

Global Equities Retreat as Oil Prices Surge, Intensifying Inflation and Growth Concerns October 24, 2026 Dave Dookie, CEO U.S. Equities Weaken Amid Technology Sell-Off: The S&P 500 declined 0.46% and Nasdaq Composite fell 0.71%, while the Dow Jones gained 0.41%. Technology stocks faced selling pressure, particularly Meta (-9.40%) and Alphabet (-5.98%), amid concerns over valuations, corporate earnings and elevated interest rates. Higher Oil Prices Increase Global Inflation Ri

Trinidad & Tobago's 2027 Budget Sets the Economic Agenda as Global Markets Face Renewed Volatility October 16, 2026 Dave Dookie, CEO Trinidad & Tobago’s 2027 Budget focuses on fiscal stability and economic growth. Total expenditure is projected at TT$63.37 billion, with revenue of TT$59.73 billion and a fiscal deficit of TT$3.64 billion (2.1% of GDP). Health, Education, National Security and Public Utilities account for approximately 43% of planned expenditure. Energy sector

Trinidad energy, high global prices and shrinking volumes affect investors’ confidence October 9 2026 Dave Dookie, CEO Trinidad energy: Brent is above US$100, but local production continues to decline to about 54,000 barrels of oil per day and 2.4 bcf/d of gas. Gas shortages have forced several Point Lisas plants, including Nutrien’s and Methanex’s, to shut down or idle. Relief is not expected until Aphrodite and Manatee begin production in 2027. Global equities: Over the wee

Budget Expectations and Energy Progress Support Trinidad & Tobago’s Market Outlook October 2 2026 Dave Dookie, CEO Trinidad & Tobago’s October 12 Budget takes center stage, with investors focused on the Government’s fiscal plans, borrowing strategy, infrastructure spending and measures to encourage economic growth. Energy-sector developments provide a positive backdrop, including progress on Coconut, Aphrodite, Manakin-Cocuina, Manatee and Calypso, alongside renewed deepwater

Higher Global Yields Meet an Improving Trinidad & Tobago Energy Outlook September 25, 2026 Dave Dookie, CEO Higher U.S. Treasury yields pushed Caribbean bond yields higher. Trinidad & Tobago's USD sovereign bond yields continued to rise alongside global markets, reflecting higher U.S. interest rates rather than a deterioration in the country's underlying credit fundamentals. New gas developments provide a positive medium-term outlook. Recent NGC gas agreements and upstream de

Evolving U.S. Interest Rates Affect Trinidad & Tobago’s USD Refinancing Outlook September 18, 2026 Dave Dookie, Chief Executive Officer U.S. interest rates remain elevated, with the 10-year Treasury yield approaching 5% and the 30-year above 5.3%. Higher rates are increasing borrowing costs, pressuring bond prices and creating a higher valuation hurdle for U.S. equities. Trinidad & Tobago faces higher USD refinancing costs because international borrowing is generally priced r

Higher U.S. Rates Reshape Global Markets as Caribbean Bonds Adjust to Rising Treasury Yields September 12, 2026 Dave Dookie, Managing Director U.S. interest-rate expectations shifted higher, with stronger August inflation increasing the likelihood of another Federal Reserve rate hike. Treasury yields moved up sharply, with the 10-year approaching 5%, reinforcing a “higher-for-longer” outlook into 2027. Higher U.S. rates create pressure across both U.S. and Trinidad & Tobago m

Trinidad and Tobago Energy Revival Gains Momentum as Global Markets Face Higher Rates September 4, 2026 Dave Dookie, Managing Director Trinidad and Tobago’s energy outlook is improving as higher hydrocarbon prices, renewed exploration and regional gas developments could increase LNG and petrochemical production from 2027. U.S. equities were broadly flat, the S&P 500 gained 0.1%, the Nasdaq rose 0.4%, and the Dow fell 0.3%. Strong employment data pushed Treasury yields higher

NVIDIA Reinforces the AI Trade as Markets Reassess the Path for U.S. Interest Rates August 28, 2026 Dave Dookie, Managing Director NVIDIA reinforced the AI investment theme, reporting exceptionally strong revenue and data-center growth. The results suggest demand for AI infrastructure remains robust, although investors are increasingly focused on valuations, margins and whether massive AI capital spending will generate adequate returns. U.S. interest rates remain a key market

U.S. Equities Retreat as Higher Yields and Valuation Concerns Test the Rally August 21, 2026 Dave Dookie, Managing Director U.S. equities sold off over five days: the S&P 500 fell 1.98%, the Dow declined 2.01%, and the Nasdaq dropped 2.75%, led by weakness in highly valued technology stocks. Higher Treasury yields pressured valuations, with the U.S. 10-year yield near 4.70% and longer maturities above 5.2%. Elevated oil prices and geopolitical uncertainty also contributed to

Trinidad & Tobago Energy Revival Takes Centre Stage as Global Markets Consolidate Trinidad & Tobago’s energy outlook strengthened, supported by NGC’s 20% interest in the Manakin gas development, BP’s move toward full ownership of the 4.4 Tcf Calypso project, renewed ExxonMobil exploration and proposed Point Lisas investments. Successful execution could increase LNG production, downstream activity, employment and foreign-exchange earnings. Global equity markets consolidated ne

August 7, 2026 Dave Dookie, Managing Director Oil & Trinidad and Tobago: Elevated oil prices improve energy export earnings, government revenues and foreign-exchange inflows, but higher fuel, freight and imported-goods costs could increase inflationary pressures. U.S. Markets: Equities rallied strongly, with the S&P 500 up 3.59%, Nasdaq up 5.19% and Dow up 2.96%, supported by softer employment data and expectations for a less restrictive Federal Reserve. UK, Europe & Asia: Th

August 1, 2026 Dave Dookie, Managing Director U.S. technology equities led global markets, although performance was selective. The Nasdaq advanced 1.59%, supported by a strong rally in Alphabet, while Apple, Meta, and Micron declined as investors adopted a more cautious stance toward elevated AI-related expenditure and extended valuations. Global equity markets posted broadly positive returns. The S&P 500 (+1.06%), Dow (+1.04%), FTSE 100 (+1.23%), Euro Stoxx 50 (+1.23%), DAX

July 25, 2026 Dave Dookie, Managing Director S&P reaffirmed Trinidad and Tobago's BBB- investment-grade sovereign rating. Highlighted were strong external assets, the Heritage and Stabilization Fund, and projected current account surpluses averaging 5.2% of GDP. However, the negative outlook reflects continued reliance on the energy sector and the need for stronger long-term economic growth. Global equity markets were mixed. The U.S. underperforming as higher Treasury yields,

July 17 2026 Dave Dookie, Managing Director Technology stocks drove global losses: The Nasdaq Composite fell 2.90% as investors took profits in high-growth AI and semiconductor names. Broadcom (-6.36%), Micron (-13.31%), Meta (-3.47%), and Alphabet (-2.91%) led the sector lower, while investors shifted into energy and defensive stocks. Global markets were mixed: The S&P 500 declined 0.11%, the FTSE 100 gained 0.98%, Europe's major indices finished lower (Euro Stoxx 50 -0.62%,

Bond Traders at the desk as new Global Bond is issued Lower U.S. Treasury Yields Could Reduce Borrowing Costs for Future Trinidad & Tobago Sovereign Bonds Dave Dookie, Managing Director Lower U.S. Treasury yields compared to the highs of 2023-2024 could create a favorable window for Trinidad and Tobago: If the Government of Trinidad and Tobago is to issue future U.S. dollar sovereign bonds in a lower interest rate environment this could potentially reduce borrowing costs and

AI Robot at work in an office AI Spending Drives Long-Term Opportunity Despite Short-Term Market Volatility June 26, 2026 Dave Dookie, Managing Director AI Remains the Long-Term Investment Theme: Despite a sharp pullback in technology stocks this week, artificial intelligence continues to be the dominant long-term growth story. Investors are becoming more selective, favoring companies with proven AI-driven earnings while reassessing stretched valuations. Global Markets Ended

June 20, 2026 Trinidad Charts a Stronger Economic Course, from Stabilization to Growth Trinidad & Tobago Mid-Year Review Shows Improving Fiscal Position: The Government reported a reduction in the fiscal deficit from 5.8% of GDP to 4.0% of GDP, supported by stronger than expected revenues and controlled expenditure. Investor confidence was further boosted by the successful US$1 billion international bond issue and Moody’s Stable Outlook. U.S. Markets led by Technology Stocks:

Moody’s Strengthens Trinidad and Tobago’s Credit Outlook