AI Is Eating All the Earnings

Published on November 7, 2025

For investors, a concentrated portfolio of equity-market winners tends to work just fine — until it doesn’t. At the moment, the S&P 500 is a case in point: Its earnings remain both spectacular and spectacularly concentrated around the artificial intelligence story.

Continue reading on website
Other news

The Fed’s New Patience Recognizes Reality

November 7, 2025
Investors’ certainty that the Federal Reserve would follow its recent interest-rate cut with another in December has evaporated.

Consumer Sentiment Hits Lowest Level Since 2022 Amid Government Shutdown Fears

November 7, 2025
Consumer sentiment dropped to its lowest level since 2022 in November as consumers express concerns about negative consequences for the economy from the ongoing government shutdown. The Michigan Consumer Sentiment Index fell 3.3 points (-6.2%) to 50.3 this month.