Earnings call transcript: GEN Restaurant Group’s Q2 2026 sales rebound lifts shares

en English Longer Reads Jul 31, 2026 Antonin Bergeaud  and Robin Rivaton The AI race is no longer just about building better models. As competition shifts from scientific discovery to deployment, success increasingly depends on computing power, advanced semiconductors, physical infrastructure, and…

We revisit fiscal sustainability through the lens of the government’s budget constraint. What constrains fiscal policy is not the stock of outstanding liabilities per se, but the fiscal cost of servicing debt. Using two centuries of U.S. fiscal data (1800–2023) and a long-run panel of advanced economies, we show that primary surpluses are systematically more…

Bitcoin Holds $65,000 as Ethereum Tests Support: Is the Crypto Breakout Still Alive? !“#$%&‘()*+,–./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|} !“#$%&‘()*+,–./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|}

After an epic climb down in June, is it time to go back the other way? WTI crude is now up 14% in July and looks poised once again to move back above $80 as US-Iran tensions flare up again. Just as it would seem there is a little bit of hope, US president Trump…

The bond market is voting against Warsh. Bond yields hit the highest since 2007 !“#$%&‘()*+,–./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|} !“#$%&‘()*+,–./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|}

Using mandatory Outlook reports from Chinese mutual funds, we decompose each fund’s equity-market beliefs into macro fundamentals, government policy, and residual sentiment. Policy beliefs, rather than macro beliefs, predict subsequent market returns and help explain the positive alphas observed in China’s mutual fund industry. By contrast, residual sentiment strongly shapes equity allocations and attracts investor…