• Mike Hoelzl
• John Sandstrom
• Kyle Tetting
• Engineered by Jason Scuglik

• Nasdaq – 26691, up 1317 points or 5.2%
• S&P 500 – 7758, up 268 points or 3.6%
• Dow Jones Industrial Average – 54037, up 1551 points or 3.0%
• 10-year U.S. Treasury Note – 4.55%, down 0.02 point

The US workforce has shed 2.1M workers since November 2025, yet unemployment rate is in decline, making for a very unique labor market situation

Bond vigilantes are doing the Fed’s dirty work

How a few hot stocks can make “twin” funds act like strangers

And more!

• Adam Baley
• Dave Sandstrom
• Jason Scuglik
• Kyle Tetting
• Engineered by Jason Scuglik

• Nasdaq – 25374, up 398 points or 1.6%
• S&P 500 – 7490, up 78 points or 1.1%
• Dow Jones Industrial Average – 52485, up 538 points or 1.0%
• 10-year U.S. Treasury Note – 4.75%, up 0.06 point

The team discusses current financial scams on the rise. Listen to learn what to look out for, how to handle a scammer and more! Then, check out our latest blog post for advice on what to do if you have been scammed.

• Kendall Bauer
• Mike Hoelzl
• Kyle Tetting
• Engineered by Jason Scuglik

• Kendall Bauer
• Mike Hoelzl
• Kyle Tetting
• Engineered by Jason Scuglik

• Nasdaq – 25520, down 761 points or 2.9%
• S&P 500 – 7458, down 118 points or 1.6%
• Dow Jones Industrial Average – 52146, down 491 points or 0.9%
• 10-year U.S. Treasury Note – 4.55%, down 0.02 point

• Build a balanced portfolio, don’t just chase the winners.
• Earnings so far have been strong, and we’ll continue to learn about the effects of of AI spending.
• AI might reshape how we think about password security. Two-factor authentication is important!
• US Inflation is hotter than the rest of the world.
• And more!

• Art Rothschild
• Steven Giles
• Tom Booth
• Kyle Tetting
• Engineered by Jason Scuglik

• Nasdaq – 26282, up 449 points or 1.7%
• S&P 500 – 7575, up 92 points or 1.2%
• Dow Jones Industrial Average – 52637, down 263 points or 0.5%
• 10-year U.S. Treasury Note – 4.57%, up 0.08 point

• Reminder: Elon Musk is not your boyfriend.
• We’re seeing some risks in concentrating your investments to one specific index. Don’t put all your eggs in one basket. Remember what Steve wrote in his article about diversification this week!
• While AI is a near-term inflation problem, it may prove to be a long-term inflation solution.
• Consumer credit plunged in May, elevated mortgage rates and record high prices resulted in fewer home sales in June, the labor market remains stable.
• And more!

• Adam Baley
• Dave Sandstrom
• Tom Papenfus
• Kyle Tetting
• Engineered by Jason Scuglik

• Nasdaq – 25833, up 535 points or 2.1%
• S&P 500 – 7483, up 129 points or 1.8%
• Dow Jones Industrial Average – 52900, up 1024 points or 2.0%
• 10-year U.S. Treasury Note – 4.49%, up 0.11 point

• Michael Hoelzl
• Art Rothschild
• Kyle Tetting
• Steve Giles
• With Max Hoelzl
• Engineered by Jason Scuglik

• Michael Hoelzl
• Art Rothschild
• Kyle Tetting
• Steve Giles
• With Max Hoelzl
• Engineered by Jason Scuglik

• Nasdaq – 26518, up 629 points or 2.4%
• S&P 500 – 7501, up 69 points or 0.9%
• Dow Jones Industrial Average – 51656, up 362 points or 0.7%
• 10-year U.S. Treasury Note – 4.45%, down 0.03 point

With an abundance of economic data this week we have a lot to cover. Here’s some of the key topics and insights:

• The Iran crisis reinforced the global economy’s resilience. Markets and industries adapted, countries with strategic energy reserves fared better, energy efficiency continues to improve, and AI-related investments helped support markets during the turmoil.
• The Fed signaled a more hawkish tone under Chairman Kevin Warsh. The dot plot points to possible future rate hikes, Warsh maintained his skepticism toward forward guidance, and new internal task forces suggest a broader review of how the Fed operates without threatening its independence.
• Corporate earnings expectations remain strong. After 29.3% earnings growth in the first quarter, analysts expect 22.9% growth in the second quarter and roughly 25% growth for full-year 2026.
• Economic data continue to point to moderate but positive growth. Retail sales exceeded expectations and consumer spending remained healthy, while mixed housing and leading indicator data suggest the economy is slowing but not stalling.