Last Week's Recap 1. Market Digest: Stocks Edge Up, Warsh's Hawkish Jackson Hole, Yields Spike, Inflation Sticky Baby steps — $S&P 500(.SPX)$, $NASDAQ(.IXIC)$, and $Dow Jones(.DJI)$ posted fractional weekly gains, regaining ground from the prior week's modest declines. Stocks traded in a narrow range for a third consecutive week. Hawkish Fed — Fed Chair Kevin Warsh emphasized inflation risks at Jackson Hole, stating the Fed "must be confident that underlying inflation is moving to our objective, clearly and at sufficient speed. Otherwise, we have work to do." Yield reaction — 2-year Treasury yield jumped to 4.3

Last Week's Recap 1. Market Digest: Stocks Retreat, Yields at 20-Year Highs, Debt Crosses $40T, Bitcoin Surges Modest retreat — $S&P 500(.SPX)$ and $NASDAQ(.IXIC)$ fell ~1-2%, snapping a three-week win streak. S&P 500 ended 1.6% below its prior week record; NASDAQ 3.4% shy of its early June peak. High yields — 30-year Treasury yield ended at 5.27% (near highest in ~20 years); 10-year at 4.73%, 2-year at 4.23%. U.S. gross debt crossed above $40 trillion for the first time. Treasury bond buyback — Treasury Secretary Scott Bessent doubled the bond buyback program to $4B per session (from $2B), targeting 10-, 20-, and 30-year segments where yields hit highest since 2007. Overseas yields — Japan's 10-

Last Week's Recap 1. Market Digest: S&P 500 & Dow Hit Records, Jobs Slump, Earnings Crush, Oil Pulls Back Record heights — $S&P 500(.SPX)$ surged 3.6%, $Dow Jones(.DJI)$ +3.0%, both to record highs. $NASDAQ(.IXIC)$ jumped 5.2% but remained 1.5% below its June peak. Jobs slump — July payrolls fell 23,000 (vs. ~90,000 gain expected); May/June revised down by 103,000 combined. Three-month average plunged to 20,000/month, a sharp turnaround from March's 214,000. Earnings juggernaut — Q2 S&P 500 net income expected to rise 50.4%, per FactSet—the strongest growth rate since Q2 2021 and up dramatically fro

Last Week's Recap Market Digest: Stocks Rebound, Fed Dissents, Yields Hit 2007 Highs, Earnings Crush Inching back up — Strong earnings lifted the three major U.S. indexes to gains of 1% to nearly 2%, largely offsetting the prior week's modest declines. All three remained below record levels set over the past two months. Fed dissents — Stocks fell sharply Wednesday as medium- to long-term yields surged post-FOMC. The Fed held rates steady, but three voting members dissented, preferring to lift rates. Historically high yields — 30-year Treasury yield climbed above 5.20% Wednesday (near highest since 2007), reaching 5.25% by Friday. The 10-year rose to 4.71%, highest in 18+ months. Earnings surge — S&P 500 Q2 earnings growth forecast jumped to 47.4% (from 38.0%), per FactSet—if realized,

Last Week's Recap 1.Market Digest: Stocks Slip, Oil Spikes, Yields Surge, Earnings Upgraded Modestly negative — $S&P 500(.SPX)$ and $Dow Jones(.DJI)$ finished fractionally lower; $NASDAQ(.IXIC)$ dropped more than 2%. Stocks alternated gains and losses throughout the week, extending the pattern since early June. Energy shocks — Middle East escalation and shipping disruptions in the Persian Gulf and Red Sea lifted oil. U.S. crude $WTI Crude Oil - main 2609(CLmain)$ traded around $90 on Friday, up from ~$82 the prior week and $69 in early July. Yields spike — 10-year Treasury peaked at ~4.70% Thursday (highest in 1

Last Week's Recap 1. Market Digest: Stocks Consolidate, Earnings Strong, PPI Cools, Oil Surges Stocks consolidate — S&P 500 fell 1.55% for the week; tech lost momentum late as TSM's capex hike and Alphabet's AI delay sparked valuation concerns. Health care, consumer staples, and real estate stayed strong. Energy minerals, commercial services, and consumer non-durables led; communications, electronic tech, and consumer durables lagged. Earnings strong — Major banks beat expectations to kick off Q2 season; more than 87% of S&P 500 companies reporting through Thursday exceeded estimates. Bonds volatile — 10-year Treasury traded near 4.6% midweek on resilient labor data and Middle East uncertainty, then eased into the weekend on softer PPI and new economic data. PPI cools — June produc