10/16/2026
Recap of the week, bottom line, and an item to ground us ahead of the weekend.
A few minutes of clarity before the weekend. Happy Friday! This Week: Wednesdayโs September CPI ran hotter than expected with prices rising 0.6% for the month and 3.7% for the year. Stocks fell, with the S&P 500 down about 1.1% and the Nasdaq down nearly 2%. The selloff hit chip and AI stocks hard...