Weekly Commentary October 5th – 9th

Equity markets rallied this week as investors looked past mixed corporate and economic headlines, with developments in artificial intelligence, telecommunications, consumer spending, and interest rates driving much of the conversation. Investors weighed SpaceX’s ambitious push into the wireless industry, signs of slower-than-expected growth in the AI boom, evolving consumer trends from snacks to used cars, and whether elevated bond yields may ultimately prove more beneficial to the economy and markets than many initially feared.