Stocks reached new highs as markets lean on Fed easing, favorable inflation data, and solid earnings, while select sectors lead gains and only a few lag. Despite a broadly supportive macro backdrop, markets are overbought and vulnerable to sharp corrections in assets with large "air pockets" such as gold and cryptocurrencies. Key themes include below-consensus CPI, limited fresh U.S. data due to the government shutdown, resilient corporate earnings supported by AI investment, and ongoing risks from inflation and geopolitical/political events. For a copy of this week's Doll's Deliberations click on the following link October 27 or go to www.crossmarkglobal.com for additional insight and investment solutions.

Stocks rebounded after a volatile week, with the S&P up 1.75% following a sharp sell-off. Q3 earnings kicked off strongly led by big banks, while communication services and real estate led sector gains amid churning below the surface. Economic indicators and Fed signals point to slowing growth: the Beige Book and ISM services show weakness, the labor market has cooled, and Fed remarks and minutes suggest increased uncertainty about the path for rates — raising odds of an October cut. Watch Q3 earnings for signs around deregulation, AI capex, consumer health, and power costs. Geopolitical and policy risks have re-emerged with U.S.-China tensions, tariffs and rare earth measures, and a continuing government shutdown. Precious metals have surged, and the recommended portfolio stance favors high-quality Treasuries and caution on credit and high-yield exposure. For a copy of this week's Doll's Deliberations click on the following link October 20 or go to www.crossmarkglobal.com for additional insight and investment solutions.

Quick Q3 roundup: equities climbed as strong corporate earnings, AI optimism, and expectations of Fed easing drove markets higher, while short-term yields eased and technology led sector gains. But the backdrop is mixed — hiring has slowed, inflation remains stubborn, valuations are elevated, and soaring fiscal deficits add risk. Stay engaged with markets but remain vigilant. For a copy of the Quarterly Market Update and review of the top 10 predictions click on the following link October 13 or go to www.crossmarkglobal.com for additional insight and investment solutions.

Bob Doll reviews recent market gains and the drivers behind them: optimism about a temporary labor slowdown, expectations of Fed easing, and strong corporate profits—especially among mega-cap tech companies—while warning that equity valuations are already elevated. He recommends a cautious stance: prefer equities over bonds on a 6–12 month horizon but keep a neutral overall equity weight, modestly underweight U.S. exposure and overweight emerging markets, the euro area, and Japan, noting the main risk is a sudden rise in bond yields if inflation stays sticky. For a copy of this week's Doll's Deliberations click on the following link October 6 or go to www.crossmarkglobal.com for additional insight and investment solutions.

Bob Doll reviews the latest market action, noting a weekly pullback despite strong rallies and top-performing sectors like energy and utilities. He argues that accommodative central banks and rising corporate profits have kept risk assets elevated, while stretched valuations, rising gold, and high AI stock multiples create vulnerabilities. Ten key takeaways cover GDP forecasts, labor market cracks, margins and valuation metrics, and the conditions that could reverse the trend — notably higher bond yields or disappointing economic and earnings growth. For a copy of this week's Doll's Deliberations click on the following link September 29 or go to www.crossmarkglobal.com for additional insight and investment solutions.

Stocks extended gains after the Fed’s 25bp ‘risk-management’ rate cut, with major averages and sectors like tech and communication services hitting new highs. Economic growth has cooled but is not recessionary, while inflation remains stickier than policymakers would like. Monetary conditions are becoming more accommodative, supporting asset prices for now, but rich valuations and the prospect of a renewed rise in bond yields pose downside risks if inflation or policy expectations shift. For a copy of this week's Doll's Deliberation click on the following link September 22 or go to www.crossmarkglobal.com for additional insight and investment solutions.

In this episode Bob Doll reviews the latest market moves, noting a record-setting stock rally amid a dovish Fed poised to cut rates even as core inflation remains stubborn and hiring cools. He explains how tariffs, slower immigration-driven labor growth, and strong corporate profits are shaping a slow-growth, mildly inflationary backdrop. Listeners will learn why markets are upbeat despite valuation risks, what indicators to watch (inflation, employment, bond yields), and how monetary and fiscal policy may influence risk assets in the months ahead. For a copy of this week's Doll's Deliberations click on the following link September 15 or go to www.crossmarkglobal.com for additional insight and investment solutions.

Bob Doll reviews the week: mixed markets with the S&P up, weak August payrolls that boosted Treasury prices and Fed-cut expectations, and uneven sector performance driven by MAG-7 strength and sticky inflation. He concludes that earnings and supportive policy fuel a positive outlook, but stretched valuations, rising long-term yields, and persistent inflation make returns likely bumpy and the risk-reward less favorable. For a copy of this week's Doll's Deliberations click on the following link Doll’s Deliberations - Crossmark Global Investments or go to www.crossmarkglobal.com for additional insight and investment solutions.

Bob Doll reviews last week’s market moves, sector performance, and corporate earnings while highlighting growing tensions between the White House and the Federal Reserve. Investors remain focused on the prospect of lower short-term rates even as inflation and policy uncertainty rise. The episode argues that valuations are not a reliable market-timing tool and explains why ongoing Fed dovishness will sustain a liquidity-driven, risk-on environment for now, even as higher inflation may push long-term yields up (a bear steepening) and eventually pressure long-duration assets. Key takeaways include upward GDP revisions, strengthening earnings, threats to Fed independence, tariff-driven headwinds, low volatility, dollar pressure, and potential small-cap leadership if dovish policy continues. For copy of this week's Doll's Deliberations click on the following link Doll’s Deliberations or go to Crossmarkglobal.com for more insight and investment solutions.

This episode reviews last week’s market action where the S&P 500 finished slightly higher and sector leadership was led by energy, real estate, and financials while tech lagged. Bob Doll explains why stretched MegaCap valuations, ample liquidity, and rising hopes for Fed rate cuts have driven a risk-on rally — but warns the backdrop is fragile: markets must ‘‘thread the needle’’ between weakening corporate earnings and a potential rise in long-term bond yields. Key takeaways include Powell’s dovish tone boosting rate-cut odds, slowing retail and housing data, easing wage growth, compressed volatility, and concentrated market gains — concluding that risk-on sentiment may persist until earnings or yields shift materially. For a copy of this week's Doll's Deliberations click on the following link Doll’s Deliberations or go to www.crossmarkglobal.com for additional insight or investment solutions.

Bob Doll reviews last week’s market action: stocks rose near record highs amid strong earnings and expectations of imminent Fed rate cuts, while small caps and select sectors led gains. He cautions that inflation metrics remain above the Fed’s 2% target and that tariffs, fiscal stimulus, and concentrated market leadership create upside inflation and policy risks that could reverse current complacency. For a copy of this week's Doll's Deliberations click on the following link August 18 or go to www.crossmarkglobal.com for additional insight and investment solutions.

In this episode of Doll's Deliberations, Bob Doll discusses the positive performance of the S&P 500 amidst growing expectations of Federal Reserve interest rate cuts and clarity around tariffs. Despite concerns about stagflation, certain sectors like technology and communication services have shown impressive growth. The episode delves into the investment landscape, questioning whether the bull market is in its 'extra innings' due to abundant liquidity and global monetary policies acting as buffers against higher tariffs. It emphasizes the importance of sustaining corporate profits and labor demand in navigating economic uncertainties. Key insights include expectations for future economic growth, potential inflation impacts, and the influence of U.S. trade policies. With equity markets at elevated valuations, the discussion underscores the need for caution amidst global economic complexities. For a copy of this week's Doll's Deliberations click on the following link August 11 or go to www.crossmarkglobal.com for additional insight and investment solutions.

In this episode of Doll’s Deliberations, host Bob Doll explores the recent market downturn following a week of record highs. Learn about the factors driving the decline, including disappointing July non-farm payrolls and concerns over growth and inflation. Despite strong earnings from many companies, the market faces uncertainties, particularly from new U.S. tariff announcements and ongoing economic slowdown. Doll discusses the implications of these developments on the risk-reward relationship in the current investment climate, arguing for greater investor caution. Explore how high valuations and expectations, notably in the tech sector, impact the overall market outlook and potential strategies to navigate these challenges. For a copy of this week’s Doll’s Deliberations go to www.crossmarkglobal.com.  

The latest episode of Doll's Deliberations dives into the recent market trends, highlighting a positive turn as stocks hit record highs. Bob Doll discusses the impact of second-quarter earnings exceeding expectations and how easing tariff tensions give investors newfound confidence. With healthcare, materials, and industrials leading the charge, the U.S. economy appears resilient despite high tariff levels. While the risk of a recession diminishes, the episode explores the complexities of U.S. trade policy and its stagflationary impacts. It addresses key economic indicators and the possible outcomes of upcoming Federal Reserve decisions. Join Bob Doll as he provides a concise and insightful overview of the current financial landscape, equipping listeners to face the week ahead with informed perspectives. For a copy of this week Doll's Deliberations click on the following link July 28 or go to www.crossmarkglobal.com for additional insight and investment solutions.

In this episode of Doll's Deliberations, host Bob Doll provides expert insights into the current state of the markets. The S&P 500 and NASDAQ hit record highs, while President Trump's disputes with the Fed create market ripples. Technology and utilities emerge as top-performing sectors, whereas energy and health care fall behind. Bob discusses the potential market implications of a more dovish Fed and its effects on the U.S. Dollar and bond market. The episode explores the resilience of the U.S. economy amidst tariffs, the persistent inflationary pressures, and the possibility of a delayed Fed easing cycle. With a focus on economic indicators and fiscal policies, Bob Doll outlines the complexities of navigating investments during this volatile period. Tune in for a comprehensive market update and strategic guidance to stay ahead in these uncertain times. For a copy of this week's Doll's Deliberations click on the following line July 21 or go to www.crossmarkglobal.com for additional insight and investment solutions. 

Welcome to Doll's Deliberations, where Bob Doll explores the intriguing dynamics shaping the global financial landscape this July. Despite a modest drop in stocks last week, both the S&P 500 and NASDAQ hit new all-time highs, marking the beginning of another promising quarter. With the CPI and second-quarter earnings reports on the horizon, investors brace for potential fluctuations amidst ongoing tariff tensions. This episode delves into the complexities of economic growth in the face of U.S. trade wars, examining how investors remain focused on corporate profitability and underlying economic health despite uncertainty. The discussion expands to global economic trends, reflecting on how U.S. policy and monetary easing are influencing markets worldwide. Join us as we unpack key insights, including shifts in hiring patterns, geopolitical tensions, and the anticipated reactions from the Federal Reserve. Tune in for a thought-provoking analysis on what these developments mean for investors and economic strategies moving forward. If you would like a copy of this week's Doll's Deliberations click on the following link July 14 or go to www.crossmarkglobal.com for additional insight and investment solutions.

Register now to secure your spot for the quarterly Webinar on Wednesday, July 9th as Bob Doll, CFA provides updates on how his 10 predictions for 2025 are faring today. This live webinar will provide you with valuable insights into current and anticipated market conditions and will conclude with a live Q&A session with both Bob and Victoria Fernandez, CFA.    If you would like to register, click on the following link:  Bob Doll's LIVE Quarterly Market Update In this episode of Doll's Deliberations, we delve into the complex and shifting landscape of the U.S. economy amidst ongoing trade wars. We explore the impact of trade tariffs on the labor market, examine inflation trends post-pandemic, and dissect the widening fiscal challenges. Join us as we analyze first-quarter earnings, discuss the resilience of economic indicators, and assess future growth prospects. With insights into both bullish and bearish market outlooks, this episode offers a comprehensive view of current economic conditions and strategic investment considerations. Again, don't miss our upcoming webinar on July 9 at 3 p.m. Central, where we will further discuss these pressing economic issues.  If you would like a copy of this week's Doll's Deliberations click on the following link July 7 or go to www.crossmarkglobal.com for additional insight and investment solutions.

In this episode of Doll's Deliberations, Bob Doll discusses the remarkable recovery in stock markets, reaching new all-time highs following a significant decline earlier in the year. With the Fourth of July approaching, Bob emphasizes the importance of appreciating the freedoms we enjoy. The episode highlights concern over potential economic weakening and high earnings estimates as inflation pressures loom due to tariffs. Bob shares cautious optimism regarding market conditions amidst volatile global events. Listeners are invited to reflect on personal freedoms during the holiday week and encouraged to join upcoming webinars for further market insights and predictions. Celebrate the holiday with gratitude and stay informed with Dolls expert analysis. Register now to secure your spot for the quarterly Webinar on Wednesday, July 9th as Bob Doll, CFA provides updates on how his 10 predictions for 2025 are faring today. This live webinar will provide you with valuable insights into current and anticipated market conditions and will conclude with a live Q&A session with both Bob and Victoria Fernandez, CFA.    If you would like to register, click on the following link:  Bob Doll's LIVE Quarterly Market Update

In this episode of Doll's Deliberations, host Bob Doll provides a comprehensive analysis of the current financial landscape marking June 23, 2025. From the mixed performance of major stock sectors to the crucial impacts of escalating tensions in the Middle East, this episode delves deeply into potential economic shifts. The discussion takes a closer look at how recent geopolitical events, including President Trump's impending decision on military actions and the ongoing Iran-Israeli conflict, could influence oil prices and market stability. Industries like energy and technology have seen shifts, while the impact on global equity markets remains subtle yet significant. The episode further explores the Federal Reserve's recent positioning and inflation forecasts, noting shifts in GDP and unemployment expectations for the upcoming period. Bob Doll offers insights into navigating these uncertain economic times, highlighting the importance of informed decision-making in investment strategies amid fluctuating international dynamics. Tune in for essential guidance. For a copy of this week's Doll's Deliberations click on the following line June 23 or go to www.crossmarkglobal.com for additional insight and investment solutions.

The latest episode of Doll's Deliberations dives into a week of market upheaval triggered by Israel's military strikes on Iran and the conclusion of U.S.-China tariff negotiations. Bob Doll dissects the fallout, highlighting the S&P's downturn and a volatile economic landscape marked by fluctuating inflation and trade uncertainties. The discussion sheds light on sector performances, with energy emerging as a frontrunner and financials stumbling. Key economic indicators reveal mixed signals amid continued consumer spending and business expansion, despite cooling labor markets in cyclical industries. Listeners gain insights into the macroeconomic implications of geopolitical tensions and trade negotiations, underscoring a shifting investment environment and the resilience of the global economy. The episode concludes with an outlook on economic indicators and potential policy shifts as markets brace for further fluctuations. For a copy of this week's Doll's Deliberations click on the following link June 12 or go to www.crossmarkglobal.com for additional insight and investment solutions.