Week of October 19–23, 2026 Last week’s AI supply chain developments came down to one question: who benefits from the industry’s enormous infrastructure spending? SpaceX is bringing certain turbine components in-house [1], NVIDIA is opening hardware designs that could increase competition among suppliers [5], [6], and SpaceX and Tesla are exploring a potential merger [1].

Week of October 12–16, 2026 Inflation set the tone last week. Consumer and producer price reports both ran hot, testing the idea that expected AI growth can carry U.S. stocks through higher interest rates. Yet rates eased after the producer report, and a strong retail sales headline leaned heavily on gas prices. Beyond inflation and

Week of October 5–9, 2026 Higher borrowing costs ran through almost every story last week. AI companies lined up enormous loans to keep building, long-term Treasury yields held above 5%, mortgage rates climbed again, and the Federal Reserve’s newest household survey showed more families stretched by debt payments even as overall wealth grew. The common

Week of September 28 – October 2, 2026 Rising Treasury yields set the tone this week. The 10-year Treasury yield reached its highest level since 2002, mortgage rates climbed past 7%, and oil stayed above $100 while diesel hit a record. Against that backdrop, a weak jobs report weakened the case for another Federal Reserve

Week of September 21–25, 2026 Last week offered a useful reminder that big headlines and real results are not the same thing. Long-term Treasury yields climbed [5], and average mortgage rates moved above 7% [7], a clear sign that rising interest rates are reaching household budgets. Elsewhere, the stories were about gaps: between defense spending

Week of September 14–18, 2026 Last week combined two sources of real uncertainty, a Federal Reserve rate increase and a Middle East oil-supply shock, with a reminder that AI infrastructure financing kept expanding regardless. Those threads matter together: rising costs and geopolitical risk raise real questions for portfolios, but the companies building AI infrastructure kept

Week of September 7-11, 2026 This week’s market story came down to one supply shock working its way through three separate channels at once. A widening war took two major oil routes offline at the same time, sending crude toward $110 a barrel and pulling equities down for four straight sessions. That shock then fed

Week of August 31–September 4, 2026 Global government bond yields surged to multi-decade highs, oil pushed diesel to a record price after renewed U.S.-Iran tension, and Broadcom’s blowout AI earnings revealed a financing structure built on a handful of cash-flow-negative customers. None of these three developments was primarily about the Federal Reserve, even though hike-odds

Week of August 24–28, 2026 Nvidia’s record quarter surfaced a real AI financing risk: vendor guarantees turning part of the AI boom into a credit story. Treasury leaned on cash reserves to hold down rates, and Fed Chair Kevin Warsh signaled inflation isn’t settled — even as optimistic readings of GDP, bond-market calm, and Fed-speech

Week of August 17–21, 2026 Global bond yields rose to multi-decade highs last week as investors repriced long-term government debt across the U.S., Japan, France, and Germany. At the same time, gold, bitcoin, and oil moved higher, reflecting a mix of fiscal pressure, a weaker dollar, and supply risk. Meanwhile, the Fed minutes and a