The Unphiltered Take

The Unphiltered Take

By Philip BahoshyNewsBusiness News
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The Unphiltered Take episodes

  • Record highs on a jobs shock. MENA deals −41%: what the headlines miss

    Summer is supposed to be the quiet season. It was anything but...


    In this first episode: the two weeks where the market broke, got a head-fake on oil, then round-tripped all the way to record highs on the back of a weak jobs report. My read on rates and oil. And the part almost nobody translates, what all of it actually means for MENA.


    In this episode:

    - The round trip: the worst Dow day since April 2025, then six straight sessions to records

    - Why a jobs print of minus 23,000 sent stocks higher, not lower

    - My call on rates (no hike this year) and the one risk I'm actually watching: oil

    - MENA's very different market: the MAGNiTT Tech Index down 4.6% in July, with no AI names to ride the trade

    - H1 venture: funding down 22%, deal count down 41% to a multi-year low, and why the money masks the real story

    - Regional capital stepped up as international pulled back, and why the UAE's headline number hides real concentration

    - Three questions I'm carrying into the second half


    By the numbers:

    - S&P 500 +3.58% on the week, a record close; Nasdaq +5.19%

    - Brent crude −7.29%

    - MENA H1: $1.35B funding (−22% YoY), 214 deals (−41% YoY)

    - Two mega-deals took 36% of all H1 capital


    Got a question on markets, venture, or the region? Send it to [email protected]. I pick two or three every week and answer them on the show.


    Read the full written edition in the #unphiltered newsletter, and follow the show so it lands in your feed every Monday.


    Markets, money, and geopolitics. Unphiltered.


    Venture and index data via MAGNiTT.

    15 min
  • Trailer: Global markets, Middle East money, unphiltered

    The trailer for The Unphiltered Take with Philip Bahoshy.

    Everyone tells you what the markets did. Almost no one tells you what it means for MENA markets. Every Monday, one unfiltered read on global markets, the private capital moving through the Middle East and emerging markets, and the geopolitics tying them together. From an operator inside the market, not an observer on the sidelines.

    Hit Follow so you don't miss episode one.

    You can find all MAGNiTT research on our website.

    2 min

About The Unphiltered Take

From the publisher's feed

Everyone tells you what the markets did. Almost no one tells you what it means, or what the consensus is about to get wrong.