Week in review of the events impacting the markets
Oct 8, 2026
Long-term yields touched their highest level since 2002. The Fed's minutes said another hike is probably coming. The biggest bulldozer in the Dow got towed. Memory chips didn't get the memo.
Oct 7, 2026
The S&P 500 closed above 7,800 for the first time ever. A power company with a Google contract jumped 12%. A beer company with nearly the same name slid after hours. Always read the ticker.
Oct 6, 2026
The Nasdaq and Nvidia closed at records because a weak jobs report talked the Fed out of an October hike. The 10-year yield closed at its highest since 2002 anyway. Somebody at this party is wrong.
Oct 5, 2026
Amazon, Walmart and Target clear the shelves. Uncle Sam clears $119 billion of IOUs at 2002 prices.
Oct 4, 2026
A 56-year-old data manager from Queens walks the city with a ladder on his back and a gym bag full of $11 basketball nets. Nobody pays him. Nobody asked him. He just can't stand a bare rim.
Oct 3, 2026
Hiring nearly stalled, so the Fed put the radar gun down. The market threw a party on the side of the road.
Oct 2, 2026
Consumer confidence hit a 12-year low the same morning Carnival posted record revenue. Then one Fed voter said "no rush."
Factory prices jumped. Two Fed voters preached patience anyway, and the 2-year yield dropped 10 basis points. Now the jobs report decides who was right.
