Wall Street hangs near its all-time high
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The VIX, Wall Street’s fear gauge, is hovering near year-to-date lows. The MOVE Index, which tracks expected bond volatility, just touched its quietest level since early 2021. Tail-risk hedges have been unwound. Even Bitcoin, after a 30% slide, has stabilized. The speculative pullback came and went. Skepticism, once loud, is back underground.
The short-term bears and the long-term bulls can both be right.
SA analyst James Foord echoed: “2026 is poised for a rare alignment of policy, liquidity, and sentiment, supporting a bullish outlook for equities and risk assets,” in 2026: A Rare Alignment Of Policy, Liquidity, And AI.
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This under-the-radar income stock has paid a dividend under all but three U.S. presidents, and its 209-year streak of continuous payouts is 60 years longer than the next-closest company.
The U.S. stock market is holding stronger as both bond yields and bitcoin stabilize. The S&P 500 rose 0.5% Tuesday, coming off its first loss in six days.
Stock indexes were muted on Thursday, as talks on rate cuts continued to be in focus ahead of next week's FOMC meeting.
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