The Open Bell — Ep. 081 — 13 Oct 2026
Today on The Open Bell:
The IMF nudged its global growth forecast up to 3.1% this week, which sounds reassuring until you read what the fund actually said: the world economy is holding together, but only barely, and there's not much runway left if something else goes wrong.
Oil is sitting at $105 a barrel, up roughly 70% from a year ago, and reports that the Trump administration is weighing military strikes on Houthi targets in Yemen could push it higher, which means the fuel and freight costs already squeezing household budgets aren't done yet.
South Korea's stock market dropped 6% in a single session today, its worst day since July, after a Chinese chipmaker claimed it's built memory chips that can go toe-to-toe with the best AI hardware around, and markets didn't wait around to find out if the claim is true.
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Not investment advice. For informational purposes only.
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Chapters: 00:00 Introduction 00:11 IMF raises 2026 world growth forecast to 3.1% but warns resi 03:19 Brent crude holds above $105 as Trump signals possible Houth 05:56 South Korea's Kospi tumbles 6% to below 6,000 in sharpest si 07:53 Closing thoughts