The Market in Pictures, October 16

Our team looks at a lot of research throughout the day. Here are a handful of charts we think are good summations of investor activity, from a four-year bull market built on growing profits, to buybacks returning just as earnings season and midterm seasonality kick...

Is the Bond Market Overreacting?

As Treasury bonds take out the highest yield levels since the early 2000s, there is no scarcity of headlines hitting the tape. Treasuries have been trading like a risk asset. The long end of the curve has not liked lower policy rates since the Fed began cutting back...

The Market in Pictures, October 9

Our team looks at a lot of research throughout the day. Here are a handful of charts we think are good summations of investor activity, from a hawkish repricing in rates against cooling wages, to the narrowest market breadth since the dot-com era, record earnings...

Rearview to Windshield, October 2026

Higher Rates, Resilient Stocks   +2.30%   S&P 500 Q3 Return -0.35%   S&P 500 September Return 31.7%   ’26 Estimate S&P 500 Earnings Growth 5.30%   10-Yr Treasury Yield (9/30)   Market Recap – Rates Matter, But So Do Profits   The story of Q3...

The Market in Pictures, October 2

Our team looks at a lot of research throughout the day. Here are a handful of charts we think are good summations of investor activity, from Fed hike fears backing off, to leadership rotating beneath a steady index, strong earnings meeting slipping valuations and...