10/06/2026
This month, bonds took center stage as the Fed raised rates, Treasury yields reached multi-year highs, and oil prices climbed back above $100 per barrel.
Despite these headwinds, the economy and labor market remain resilient. Beneath the surface of a relatively flat S&P 500, investors continued favoring companies with strong earnings growth, particularly in AI-related sectors, while reducing exposure to more rate-sensitive areas.
As we move forward, inflation, interest rates, energy prices, and job data will remain key drivers for markets. The good news: corporate earnings and economic fundamentals continue to provide important support.