Wall Street expects the stock rally to keep ripping through New Year’s Eve. But watch these risks.

The S&P 500 just capped off its best month in a year, and is on track to rise nearly 30% in 2024.

Wall Street’s AI-powered rally risks ‘correction’, Vanguard warns

Asset manager’s chief economist Joe Davis says investors are overplaying the near-term potential of the technology
Financial Times - 1d
Stocks and bonds haven’t moved together like this in three decades – and that’s putting portfolios at risk, says State Street

A so-called balanced portfolio is anything but given the correlation of stock and bond returns as well as concentration in stocks.
MarketWatch - 6h
Donald Trump Jr. joins PSQ Holdings' board, sending shares skyrocketing 270%

PSQ is a microcap stock with a market capitalization of only $72 million as of Monday's close.
CNBC - 23h
Tesla’s stock surges after self-driving software update, new Street-high target

Tesla’s stock jumps toward a 2 1/2-year high after the EV-maker’s FSD software gets its awaited update.
MarketWatch - 2d
2- through 10-year yields finish higher after new Trump tariff threat

Most U.S. government debt sold off on Monday, lifting 2- and 10-year yields off their October lows, after a new tariff threat from President-elect Donald Trump reignited worries over inflation.
MarketWatch - 1d
A New Benchmark for the Risks of AI

MLCommons provides benchmarks that test the abilities of AI systems. It wants to measure the bad side of AI next.
Wired - 6h
Watch: Protesters take to the streets outside parliament

South Korea’s opposition party members gather at South Korea's parliament
BBC News - 1d

Wall Street’s AI-powered rally risks ‘correction’, Vanguard warns