S&P 5007,818.93▲ record, Oct 6Shiller CAPE41.62nd-highest ever10-yr Treasury5.36%▲ 24-yr highFed funds3.75–4.00%▲ hike, Sep 16Brent crude$105.69Oct 13Q3 EPS growth, est.+29.6%FactSetTop-10 weight39%of S&P 500Implied ERP4.20%Damodaran, Oct 1Nvidia~$5.8trnmarket value0DTE share59%SPX options, 2025Active funds lagging79%large-cap, 2025U.S. real return6.6%/yr1900–2025
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Markets

Shares, commodities and the people who trade them.

A crowd of people holding phones riding on the back of a giant charging bull
Retail investors

Main Street’s trading floor

Small investors now account for a third of share trading on busy days. They have done better than the professionals expected

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Commodities

Fool’s gold?

Bullion has fallen by more than a quarter from its January peak, even as central banks buy at the fastest pace in two years

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