OE | 𝔗𝔥𝔢 𝔒𝔭𝔢𝔫 𝔈𝔠𝔬𝔫𝔬𝔪𝔦𝔰𝔱 | Issue #26 Oct 8, 2026 |
The Take
MARKETS KEEP HITTING RECORDS, EVEN THOUGH EVERYTHING SAYS THEY SHOULDN'T
| The Nasdaq and S&P 500 hit record highs this week, powered almost entirely by AI stocks, with Nvidia nearing a $6 trillion valuation. It's happening despite bond yields at 20-year highs, sticky inflation and $100 oil. For now, the AI trade is holding up the entire market. |
By The Open Economist