Very Early Thoughts on 2026

The big things you need to know:First, we review our key takeaways from our review of March company commentary on the Middle East conflict on EPS calls and in conference presentations. What we read adds to our understanding of why the US equity market has been fairly resilient si ...  Show more

The big things you need to know:First, in tandem with the 5% decline in the S&P 500, investor and consumer sentiment have slipped in recent updates as investors have digested the possibility of a longer conflict in Iran and consumers have started to notice higher gas prices.Secon ...  Show more

Stocks ripping to fresh records as investors digest an August inflation increase. What it means for next week’s Fed rate decision, and how the treasury markets are responding. Plus more media M&A on the horizon? How Paramount Skydance could be gearing up for a bid on Warner Br ...

Get ready for some bad earnings-season news. That’s the call from Savita Subramanian, the head of equity and quantitative strategy at Bank of America, who is expecting a 10% drop in earnings that will likely keep a lid on the S&P 500 in 2023. She joined the What Goes Up podcast t ...  Show more

Big news this week was the hawkish Fed announcement, which brings up worst-case scenario fear for the market, stagflation (0:50). Moving into AI 2.0, Broadcom as an example (7:00). Home improvement retailers slide; housing in the cross hairs (11:05). Show Notes Fed's Hawkish Cut ...  Show more

Le sur-optimisme ambiant sur la trajectoire des taux directeurs américains se fait raboter un peu brutalement, ce qui pèse sur les indices boursiers riches en valeurs de croissance. Cette piqûre de rappel ne remet pas en cause l'hypothèse d'un assouplissement monétaire en 2024 ...