Stock Market’s Wall of Worry Gets Taller

Stocks continue to climb a wall of worry, a wall that has gotten a bit taller as fall begins. The conflict in the Middle East, higher interest rates, and questions surrounding the enormous artificial intelligence (AI) capital spending boom all present legitimate risks for investors. While each of these challenges could generate bouts of volatility, […]

Weekly Bottom Line

The global bond selloff intensified this week, with the 10-year Treasury yield reaching a new 19-year high. A proposed 90-day diesel export ban could lower domestic prices, but also curb refinery output and raise gasoline and global fuel costs. This week’s Fed speeches were notably unified, with all officials striking a hawkish tone amid signs […]