Fed Chair Powell expected to get ‘a grip on communication’ with markets: Economist

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  What’s Happening? Key Takeaways

  Thursday’s (November 5) decline was led by AI-related and technology stocks, as investors reassessed how fast, and at what cost, the AI buildout can continue after the midterm elections. Beneath the headlines, the average stock set a record high on Wednesday (November 4), bonds rose, and the latest economic data remain solid. All figures are as of Thursday’s (November 5) close.

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  When the Low-Rate Era Ends: What to Do as Your ARM Resets

  Adjustable-rate mortgage reset ahead? See how rate caps work, a $1.5 million loan example, and six options to weigh with your Wealth Manager.

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  Show Me the Money: Investors Draw a Sharp Line on Massive AI Spending

  AI spending is now sorting winners from losers: investors rewarded companies that fund the buildout from cash flow. Our weekly commentary explains.