Tuesday - October 6, 2026

Money managers broadly disagree on AI but uniformly flag higher bond yields—10-year at 5.28%—as the dominant cross-asset risk.

• Market moves: Dow +250 (0.5%), S&P 500 +45 (~0.6%), NASDAQ +122 (<0.5%); bond market also rallied, 10-year yield down 3bp to 5.28%.
• Manager meetings underway: David Bahnsen, Brian Szytel, and Kenny Molina are in New York for their firm's annual week of meetings with money managers, 16 meetings in two days.

Themes, sentiment and reasons are AI-written paraphrases, checked so they never quote an episode. They may contain errors. Not investment advice. Episodes remain the property of their creators.