Doll’s Deliberations

Bob Doll reviews mixed markets where AI-related tech strains cooled enthusiasm, energy prices remain a persistent headwind, and bonds rallied as yields eased. Corporate profits and resilient growth keep broad credit steady, but concentrated AI financing risks and geopolitical supply threats could trigger wider volatility. This episode outlines ten key market signals — from housing starts and Fed outlooks to earnings, credit spreads, and political noise — and concludes consolidation may be temporary unless AI investment reverses sharply or broader credit stresses emerge. For a copy of this week's Doll's Deliberations click on the following link October 26 or go to www.crossmarkglobal.com for additional insight and investment solutions.

Bob Doll explains how a recent easing in bond yields—driven partly by cracks in the AI trade—could provide a temporary lift to equities, even as global growth remains robust and inflation stays stubbornly above target. He highlights risks from a potential renewed rise in yields, the Fed’s likely pacing, mixed sector performance, and why investors should watch rates, corporate profits, and policy as markets adapt to a higher-yield world. For a copy of this week's Doll's Deliberations click on the following link October 19 or go to www.crossmarkglobal.com for additional insight and investment solutions. 

Bob Doll reviews the week: modest stock gains, improving breadth, and sector winners in staples, utilities and energy, while technology and industrials lag. His essay "Sticky Inflation Will Eventually Cause More Problems for Markets" argues that rising real yields reflect stronger growth, prompting central banks to keep rates higher. Key takeaways: the U.S. economy is resilient but faces slowdown risks from higher oil, tighter policy and rising yields; large deficits and elevated debt are a concern; bonds and equities look similarly valued and tech concentration is high. Yields may consolidate, but further upward pressure could cause market stresses. For a copy of this week's Doll's Deliberations click on the following link October 12 or go to www.crossmarkglobal.com for additional insight and investment solutions. 

Quarter-end review of Q3 2026: mixed equity performance, surging 10-year yields, and very strong corporate earnings amid resilient economic activity. Key drivers include higher oil prices, renewed Fed rate hikes, and heavy AI-driven investment. The episode outlines risks from rising bond yields and sticky inflation, the durability of earnings, and the potential for a pullback if yields continue to break out. It ends with five conclusions and ten practical assumptions for Q4 to help investors plan and consider de-risking if bond volatility persists. For a copy of this week's Doll's Deliberations click on the following link Q3 2026 or go to www.crossmarkglobal.com for additional insight and investment solutions.

Markets rallied last week with the S&P 500 up 1.25% and the NASDAQ at a record high, led by technology, communications, and healthcare while utilities, energy, and financials lagged. However, a breakout in the U.S. 10‑year Treasury yield above 5% amid stronger‑than‑expected PMI readings and hawkish Fed moves sparked concerns — higher yields reflect robust growth, persistent inflationary pressures, rising deficits, and revived corporate borrowing. The episode advises caution: consider de‑risking if yields continue to rise, monitor CCC credit spreads and global credit conditions, and note political and earnings outlooks. For a copy of this week's Doll's Deliberations click on the following link September 28 or go to www.crossmarkglobal.com for additional insight and investment solutions.