A week of two halves early AI-driven losses and geopolitical friction gave way to a sharp Friday recovery after the Supreme Court struck down sweeping global tariffs, lifting the Nasdaq to its first positive week since January.
However, the full impact of the ruling which may prove more nuanced, plus a divided Fed, sticky core PCE, and emerging private credit liquidity concerns keep the macro outlook unsettled.
Doubts over the payoff from massive AI spending triggered a sharp tech selloff, with Meta’s negative free cash…
Hot inflation and surging oil have revived expectations of a Fed rate hike, pushing the 10-year Treasury yield…
Bond yields climbed to multi-decade highs as oil stayed above $100 amid Gulf attacks and hurricane-related supply risks,…
