06/14/2026
This week, CEO Eric Boyce, CFA discusses key economic and market developments:
1️⃣ IPO Reality Check: Hot initial public offerings don't always stay hot, highlighting the importance of disciplined investing over chasing trends.
2️⃣ Market Pullback: Recent weakness has been driven by skepticism around growth and earnings expectations, particularly in technology and semiconductor stocks following significant run-ups.
3️⃣ AI Expectations: AI-driven cost savings have yet to fully materialize, suggesting the benefits may take longer than many investors anticipated.
4️⃣ Economic Data: Services PMI and factory orders remain positive, though payroll growth continues to be concentrated in lower-income service sectors.
5️⃣ Energy Outlook: The economy is less dependent on oil than in the past, but tightening supplies could still create inflationary pressures in the months ahead.
6️⃣ Inflation & Rates: Lower corn and wheat prices have provided some relief, but persistent inflation may increase the likelihood of rate hikes over the next year.
7️⃣ Investor Sentiment: Bullishness remains intact, supported by strong risk appetite and options market activity.
8️⃣ Large vs. Small Caps: Large-cap technology continues to dominate, while smaller companies offer lower valuations but face greater financial pressures.
9️⃣ Crypto Volatility: Bitcoin has lost roughly half its peak value, reinforcing its speculative nature.
🔟 Treasury Yields: Rising Treasury yields are currently being driven more by higher real yields than by inflation expectations.
👉 Charts of the Week: https://www.boycewealth.com/thought-leadership/charts-chat-june-7-2026