AI is still early in a secular cycle; volatility is healthy repositioning. Lower oil prices support global growth and earnings. PCE may show high watermark for inflation, but Fed reaction likely muted.
implicit
explicit
RUT
implicit
Metals
implicit
JPMorgan Asset Management
9.2
Investment Bank $3170.00B
Kerry Craig 9.0
Investment Bank $3170.00B
Kerry Craig 9.0
6/25/2026 7:26:53 AM
dxy
Strong dollar is a factor pressuring non-AI assets and the yen; Fed rate hikes are already priced in.
ndx
AI remains a main driver of the markets over the coming six months.
| 5/21/2026 7:18:44 PM | short term cautious up | 5 days later | +1.67% | +0.83% |
| 5/19/2026 8:42:26 AM | medium term cautious up | 20 days later | -0.73% | -0.36% |
| 5/14/2026 7:40:03 PM | medium term up | 20 days later | +4.40% | +4.40% |
| 5/13/2026 8:05:25 AM | medium term up | 20 days later | +3.35% | +3.35% |
| 5/7/2026 1:34:37 AM | medium term cautious up | 20 days later | +3.38% | +1.69% |
| 10/3/2025 8:26:15 AM | medium term up | 21 days later | +3.37% | +3.37% |
| 10/2/2025 2:34:39 PM | short term cautious up | 5 days later | +1.42% | +0.71% |
| 9/10/2025 6:33:02 PM | medium term up | 20 days later | +3.37% | +3.37% |
wti
Oil may lift a bit from current lows as political risk premium is reassessed, but soft Chinese demand and supply diversification cap upside.
yields
PCE may be high watermark, shelter costs declining, lower energy prices should reduce inflation, leading to lower yields.
