Bob Doll reviews last week’s market action: stocks rose near record highs amid strong earnings and expectations of imminent Fed rate cuts, while small caps and select sectors led gains.

He cautions that inflation metrics remain above the Fed’s 2% target and that tariffs, fiscal stimulus, and concentrated market leadership create upside inflation and policy risks that could reverse current complacency.

For a copy of this week's Doll's Deliberations click on the following link August 18 or go to www.crossmarkglobal.com for additional insight and investment solutions.

In this episode of Doll's Deliberations, Bob Doll discusses the positive performance of the S&P 500 amidst growing expectations of Federal Reserve interest rate cuts and clarity around tariffs. Despite concerns about stagflation, certain sectors like technology and communication services have shown impressive growth.

The episode delves into the investment landscape, questioning whether the bull market is in its 'extra innings' due to abundant liquidity and global monetary policies acting as buffers against higher tariffs. It emphasizes the importance of sustaining corporate profits and labor demand in navigating economic uncertainties.

Key insights include expectations for future economic growth, potential inflation impacts, and the influence of U.S. trade policies. With equity markets at elevated valuations, the discussion underscores the need for caution amidst global economic complexities.

For a copy of this week's Doll's Deliberations click on the following link August 11 or go to www.crossmarkglobal.com for additional insight and investment solutions.

In this episode of Doll’s Deliberations, host Bob Doll explores the recent market downturn following a week of record highs. Learn about the factors driving the decline, including disappointing July non-farm payrolls and concerns over growth and inflation. Despite strong earnings from many companies, the market faces uncertainties, particularly from new U.S. tariff announcements and ongoing economic slowdown.

Doll discusses the implications of these developments on the risk-reward relationship in the current investment climate, arguing for greater investor caution. Explore how high valuations and expectations, notably in the tech sector, impact the overall market outlook and potential strategies to navigate these challenges.

For a copy of this week’s Doll’s Deliberations go to www.crossmarkglobal.com.