Published November 7, 2025
This week, stocks wrestled with whether AI-related stocks, and maybe the market overall, is in a “bubble” with valuations high by historical standards. The answer to that question over the past couple of months has been “no” with stocks continuing to march upward. This earnings season, however, has seen some negative responses to strong earnings. Is that just seasonal repositioning ahead of a typically strong fourth quarter for stocks, or something more long-lasting? Time will tell. (more…)