10/07/2026
This week, CEO Eric Boyce, CFA discusses key economic and market developments:
1️⃣ Bond Market Sell-Off: Recent selling has pushed yields higher across most bond categories. Eric examines the reasons behind the move and the forward-looking risks for fixed-income markets.
2️⃣ Deficits & Interest Rates: Federal deficits and the growing interest burden remain important factors for markets, alongside expectations for future central bank rate decisions.
3️⃣ Economic Growth: Economic growth, labor market data, and C-suite surveys continue to point toward continued near-term expansion.
4️⃣ Earnings & Valuations: Earnings estimates are rising while valuations are falling, but risks remain—including increased mega-cap concentration and elevated expectations surrounding AI.
5️⃣ AI Capital Spending: A closer look at expectations for AI-related capital spending and the potential sources of funding behind this continued investment.
6️⃣ Consumer Spending: Consumer spending continues to receive support from the wealth effect, including withdrawals and spending funded by gains in equity markets.
7️⃣ Investor Sentiment: The S&P 500 price-to-earnings ratio continues to move alongside the Fed Sentiment Index. Institutional investors maintain high equity allocations, while individual investors are becoming increasingly bearish and analysts are beginning to reassess corporate profit estimates.
👉 Watch the full Charts of the Week:
https://www.boycewealth.com/thought-leadership/charts-chat-september-27-2026-boyce