Despite data suggesting lukewarm progress towards the Federal Reserve’s 2% inflation target, US financial markets are still held up strongly by the prospects for AI. Both companies that will provide critical inputs for the industry, as well as those expected to benefit from it the most, are being chased by investors.
How long before this levels off is not easy to forecast, but difficult to deny that valuations are looking excessively optimistic.
Markets shifted focus from earnings to macro as a blow‑out August jobs report (162k payrolls; 4.1% unemployment) lifted…
U.S. markets closed the week higher as exceptional Q2 earnings S&P 500 profits up 52%, the strongest since…
Markets confront a Treasury–Fed tug-of-war as Scott Bessent’s aggressive yield-capping fades and Chair Warsh’s independent stance dominates ahead…
