Lloyds reports strong Q2 results with earnings beating forecasts and robust capital generation. Click here to read an ...

Q2 2025 Management View Michael F. Mahoney, Chairman, President & CEO, emphasized, "Our second quarter results outperformed ...

These headwinds are guided to be offset by JPY 300 billion in cost reduction efforts and a JPY 195 billion foreign exchange tailwind. The guidance assumes an exchange rate of JPY 115 to the dollar ...

Hatzius asserted that some of the lackluster U.S. data over the past few quarters should be seen through the prism of these financial headwinds. The lagged effect of this improvement in financial ...

So there isn't necessarily a new headwind here even if there's certainly no tailwind to look forward to. Expect the fringes of these ecosystems to be as extractive and dangerous as ever.

"Naively, you may think that a strong tailwind can compensate for an uphill slope," said Bier. "You then ride up the hill as if it's a flat road, and on the way down the headwind and downward ...

This, says Bier, "wreaks havoc." Bier found that while a tailwind might help a little during climbs, the headwind actually has a huge effect during downhill stretches.

So there isn't necessarily a new headwind here even if there's certainly no tailwind to look forward to. Expect the fringes of these ecosystems to be as extractive and dangerous as ever.