Charts & Chat - February 8, 2026

Eric Boyce • February 9, 2026

This week, CEO Eric Boyce, CFA discusses:

1. Risks to inflation from weak dollar, rising industrial prices and wages

2. ISM Services index remains positive, labor weak (job openings)

3. Strong response in energy prices, stocks - rhetoric on geopolitical developments

4. concentration of wealth and the pending wealth transfer

5. increased stock market breadth; tech stocks in correction; net profit margin and earnings per share growth remains strong across the S&P 500 equal weight index

6. international stock diversification benefit remains even if US earnings growth has far outpaced global earnings ex-US

7. yield curve as steep as its been in more than 2 years

8. lots of dry powder at private market funds ready to deploy

9. Bitcoin/crypto showing its volatile head

10. As a percent of the total economy, capital spending by the AI hyperscalers likely to exceed the US interstate highway system in the 1950-60's and the railroad build out before the civil war




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