(The opinions expressed here are those of the authors.)

By Anna Szymanski

LONDON, Oct 10 (Reuters) - By Anna Szymanski, ROI

Editor-in-Charge, and the ROI team

Hello Morning Bid readers!

Warnings about a stock market bubble grew louder this week, with

the Bank of England, IMF and JPMorgan boss Jamie Dimon all

expressing concern about the potential economic fallout if Wall

Street were to suddenly stop defying gravity. Meanwhile, another

epic rally - the runup in gold above $4,000 per ounce - stalled

on Thursday, likely reflecting profit-taking following the

yellow metal's more than 50% rise this year.

ROI editor-at-large Mike Dolan this week took a look at the twin

rallies in equities and gold, noting that investors may be eager

to chase artificial intelligence stocks higher, but they are

also hedging fears of a prolonged inflation burst due to lax

monetary and fiscal policy in many advanced economies.

If you want to understand why governments across the developed

world have turned so dovish, ROI markets columnist Jamie

McGeever argues you might take a look at a chart that IMF

Managing Director Kristalina Georgieva recently spotlighted

about the decline in economic mobility.

Meanwhile, the U.S. government shutdown has entered its second

week. One of the biggest concerns for markets has been the delay

of important economic data releases, like monthly jobs figures.

But Jamie McGeever argues that investors may not need official

data. If they want to know how the economy is doing, they can

just look at the stock market.

In energy markets, oil prices rose early in the week on news

that the latest OPEC+ supply increase was smaller than expected.

However, ROI Energy Columnist Ron Bousso warns that - regardless

of the size - the continued oil output increases are eroding

OPEC+'s spare production capacity, a vital cushion that has

helped to mitigate volatility in recent years.

Oil prices then fell on Thursday, as a ceasefire deal was

agreed to by Israel and the Palestinian militant group Hamas.

Geopolitical conflict remains a serious risk to energy markets,

however. Ron Bousso points out that Russia's heavy bombardment

of Ukraine's natural gas infrastructure ahead of winter could

have a knock-on impact on Europe's energy market.

On the renewables side, ROI Energy Transition Columnist Gavin

Maguire highlights the extent of China's clean energy dominance

and explains why Texas's main power generation system is on

track for a rare contraction in fossil fuel-fired generation

this year.

And, finally, over in the metals world, ROI Metals Columnist

Andy Home discusses the impact of Indonesia's crackdown on

illegal tin mining and then explores how the Democratic Republic

of Congo is seeking to tame the notoriously volatile cobalt

market.

As we head into the weekend, check out the ROI team's

recommendations for what you should read, listen to, and watch

to stay informed and ready for the week ahead.

I'd love to hear from you, so please reach out to me at

This weekend, we're reading...

My most interesting read this week is a on deep-sea

mining, an area receiving a lot of interest as the world

searches for more battery metals to power the energy transition.

There are undoubtedly rich deposits below the oceans, but the

problem is, who's going to process them into metal?

I recommend the , published this week. The headline growth

forecast anticipates enormous expansion of renewables over the

next five years, particularly in solar power. However, the

report also reveals the challenges the sector faces due to U.S.

President Donald Trump's hostility towards renewables and the

impact of rising costs on the offshore wind sector.

This explains why rising tungsten prices are causing a

fresh headache for U.S. oil drillers. U.S. energy firms are

already feeling the sting of inflation as their overall

extraction costs rise, and now Chinese export controls on this

ultra-hard metal, which is used for drill bits, is making things

worse,

We're listening to...

Brookings's latest weekly podcast looks at why U.S.

tariffs and retaliatory measures by other countries are putting

.

A gaping hole in the national finances is at the heart of

France's political crisis. Can a tax on the super-rich help? In

the , Carmel Crimmins talks to Paris-based senior correspondent

Leigh Thomas and Francesco Canepa, senior European economics

correspondent, about the pros and cons of taxing wealth.

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Opinions expressed are those of the author. They do not reflect

the views of Reuters News, which, under the Trust Principles, is

committed to integrity, independence, and freedom from bias.

(By Anna Szymanski.)