Oil Stayed Above $100. AI Hit the Brakes. Bonds Held the Line.
Oil disruption, doubts about the speed of AI development, and a 10-year yield near 5% collided on Monday. Stocks weakened as Wall Street discovered that its two biggest assumptions—cheap energy and unstoppable technology—were no longer cooperating. What Today’s Tape Is Saying Wall Street began the week with three problems and nowhere comfortable to hide. The
Oil Stayed Above $100. AI Hit the Brakes. Bonds Held the Line. Read More »