Fed and Treasury Update: Higher-for-Longer Yields

Published on August 13, 2026

The risks of a rate hike have increased lately, but we don't believe we're there just yet. If the data changes—specifically if inflation comes in hotter-than-expected over the next few months—we'll likely change our view.

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Mid-Quarter Investor Conference Calendar: Stocks Heat Up Heading Into Autumn

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All told, global equities are near all-time highs, despite the sharp June-July semiconductor drawdown. Fundamentally, an eye-popping 50% Q2 SPX earnings growth rate fuels the rally. Of course, it has been a perfect storm of sorts for domestic large-cap profitability. ​

NIMBYism Could Save AI From a Bust Like the Dot-Com Era

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