Charts & Chat - June 7, 2026

This week, CEO Eric Boyce, CFA discusses:

1. Hot initial public offerings (IPO's) don't always stay that way!

2. recent market sell-off driven by skepticism over growth and earnings targets as well as less optimistic pronouncements from leading tech firms...this follows run-ups in tech and semiconductor shares and an acceleration in earnings estimates

3. AI cost savings targets not meeting expectations - at least not yet. 

4. Services PMI, Factory Orders data positive, offset by payroll gains coming from lower income services jobs

5. reliance on oil within our economy much less than it used to be, although oil supplies are dwindling and may present unwelcome inflation within the coming months

6. commodity prices off in corn/wheat; higher inflation though creating more likelihood of rate increase over the next 12 months versus rate decreases

7. investor bullishness intact, measured by option bets and risk appetite.

8. large cap tech strength overshadows small caps, even as much cheaper small caps have more leverage and potentially more financial stress.

9. Bitcoin has lost 50% of its peak value - remains a speculative asset

10. rises in treasury yields drive mostly be real yield increases versus inflation (for now)...