For U.S. markets, even modest inflation improvement matters enormously. If markets believe the supply shift is durable rather than temporary, inflation expectations reset lower.

Lower inflation expectations give the Federal Reserve room to cut rates sooner and more confidently. Rate cuts change valuation math. When the risk free rate falls, long duration assets such as equities reprice higher, often quickly.

This is where

Meta Platforms said Tuesday that it has acquired Manus, a Singapore-based developer of general-purpose AI agents, as the tech giant continues its massive investments into artificial intelligence.

Manus, founded in China before relocating to Singapore, launched its first general AI agent earlier this year, which can execute complex tasks such as market research, coding, and data analysis.