On February 23, 2026, global macro signals are flashing both confidence and

recalibration. US equities still trade at a steep 27x forward P/E versus 19x for the rest of the world - a 40% valuation premium built on Big Tech dominance, though rising Al capex could challenge the "asset-light" narrative

Meanwhile, China has trimmed US Treasury holdings to around $680 billion, but Japan, the UK and financial hubs like Luxembourg and Cayman are absorbing supply, broadening the US funding base and shifting bond market focus back to yields and Fed policy. Asia continues to anchor global trade, with Shanghai moving nearly 50 million TEUs and Singapore close to 40 million,

underscoring structural supply-chain gravity.

In India, McKinsey estimates a potential $1.3 trillion expansion by 2030, pushing high-growth sectors toward $2 trillion, while over 2.16 lakh individuals now report annual incomes above 71 crore - a sharp rise signaling formalisation, scale and capital deepening. In short, valuations are rich, trade power is eastern, and India's upgrade cycle is accelerating - global macro rarely moves in straight lines, but it definitely moves in

US 27x PE Premium, China Treasury Shift, Asia Port Dominance, India’s $2T Growth Surge & Crorepati B