Weekly Commentary: Falling Yields Reinforce Equity Market Resilience

Professor Siegel highlights market resilience driven by easing yields, falling energy prices, and the AI investment cycle, while clarifying that the equity risk premium remains attractive when compared to real rates.

Key Takeaways

• 1.The market remains resilient due to falling oil prices, easing Treasury yields, and the ongoing AI infrastructure buildout.
• 2.Economic growth remains stable with Q2 GDP estimates between 2% and 3%, despite a downward revision of Q1 GDP to 1.6%.
• 3.M2 money supply growth has turned positive for three consecutive months, indicating more supportive financial conditions.

Table of Contents

• Falling Yields Reinforce Equity Market Resilience