Our team looks at a lot of research throughout the day. Here are a handful that we think are good summations of investor activity, from an amazing run in stocks to those left behind, to the FOMC and inflation, and housing.
Happy Halloween!
Brian: Maybe it’s “due” for a pause, but barely a speck of dirt on the S&P in the past 6 months
Data as of 10.29.2025
John: this as we head into the most seasonally favorable stretch of the calendar year
Jake: Another feature of this historic run has been the predominance of strong market opens
Source: Bespoke as of 10.29.2025
Brett: and despite concerns that it’s been only tech, the rest of the largest stocks have been generally solid as well
Data as of 10.26.2025
Ten: If not for tech, large-cap investors would probably feel OK about the general performance of key sectors
Data as of 10.29.2025
John Luke: but it’s hard to argue that the megacap tech dominance has not been justified
Data as of 10.31.2025
Brian: A notable feature in recent weeks has been a high level of dispersion in the cost of options across individual stocks
Dave: with much of the dispersion attributable to the speculative interest in low quality stocks
Data as of 10.24.2025
Joseph: The money flowing into high beta stocks is not just a US phenomenon
Source: S&P Global
JD: but a culture of superior corporate profitability might be
Data as of 10.08.2025
John Luke: The Fed is a bit squeezed in what it can actually do to support employment without sparking inflation
Source: TS Lombard as of 10.28.2025
Beckham: and they walked back any guarantees of a December rate cut
Source: CME Fed Watch as of 10.31.2025
Dave: The major challenge is that 3% inflation is settling in at a stable level, above the stated 2% target
Source: Raymond James as of 10.27.2025
Brad: with a large portion of the measurements working towards 3% from both higher and lower levels
Source: Duality Research as of 10.24.2025
Mark: There’s no way around it, individuals are embracing new ways to speculate, whether it’s meme stocks or zero-day options or now, prediction markets
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