Charts & Chat - May 20, 2024
Eric Boyce • May 19, 2024
This week, CEO Eric Boyce, CFA discusses: 1. recent inflation data at the producer and consumer level - analysis and implications 2. money supply growth negative - positive for disinflation over time 3. labor softening, consumers low on excess savings, increased credit card delinquency; yet, real wages remain high, providing continued spending power 4. manufacturing turning a slow corner 5. stocks back to near overbought; bond yields off interim peaks 6. strong foreign interest in US stocks/bonds (except for China)

By Eric Boyce
•
October 19, 2026
The S&P 500 may be trading near all-time highs, but 84% of its constituent stocks are at least 10% below their individual peaks. This disconnect raises important questions about market breadth, the concentration of returns, and potential volatility. "When you look at the index and it's near all-time highs, just know that not everybody is participating in that, and studying and monitoring breadth is very important to assessing the potential volatility of the markets," explained Eric C. Boyce, CFA, President, CEO and Chief Investment Officer of Boyce & Associates Wealth Consulting, during the October 18, 2026 edition of Charts and Chat. In this week's episode, Boyce examines the forces shaping financial markets, from rising AI capital spending and weakening consumer confidence to broadening inflation, housing market pressures, and changing bond yields. Through key charts and economic data, he explores what these developments reveal about market conditions and the considerations they raise for investors.





