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U.S. Treasury yields dropped sharply on Thursday, marking the largest one-day decline in recent history and reigniting questions about whether rates have peaked. At the center of the debate over where the bond market goes from here is the tension between the outlook for inflation vs. growing concerns about economic growth and geopolitical risk.

One explanation ...


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Oil prices are climbing again and are approaching the highs reached during the early stages of the Iran conflict. The latest advance reflects growing concerns about renewed conflict in the Middle East, fueled by reports that the U.S. and Israel may resume military action against Iran after the midterm elections. Regardless of the trigger, a breakout to new highs in oil would ...


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There was a time when economists argued that housing was not only a key component of the economy, but also the primary driver of the business cycle. That relationship appears far more tenuous these days, and for now that’s good news given the weakness in residential construction and h...


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The US stock market is on track for a fourth consecutive year of double-digit gains, but the sector leading the performance race is not necessarily driving the market. Energy stocks have been the standout performers in 2026, soaring far ahead of every other sector, including technology. Yet tech remains the primary force behind the S&P 500’s advance because it carries a m...


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