Market Trends & Macro Risks - The 10-year yield is identified as the most crucial chart in the world due to the increasing pressure on the bond market [2][3] - September faces renewed capital market issuance from hyperscalers, global sovereigns, and the US government, making it critical for yields to remain in check [3] - Nvidia earnings serve as an inflection point for the market, introducing heightened post-earnings risk while the VIX remains low at approximately 15 [2] - The conclusion of the earnings season leaves the market exposed to ongoing macroeconomic risks [3] Investment Strategy & Opportunities - Evercore ISI maintains a long-term bull case target of 9,000 for the index prior to the current cycle ending, driven heavily by fear of missing out (FOMO) [4][5] - Structural tech-driven bull markets historically generate intense FOMO and surges in capital market activity, similar to previous cycles like 2020-2021 and Y2K [6] - Approximately 25% (or a quarter) of the S&P consists of negative beta stocks, such as McDonald's and PepsiCo [7][9] - Negative beta stocks correlate inversely to the S&P on a daily basis, offering investors a method to achieve index-like returns and diversification away from the dominant AI trade [8] - Financials, energy, and software show strong performance, while utilities and insurance stocks also demonstrate resilience amid rising yields [10]

[music] Welcome to Yahoo Finance's morning brief. I'm Julie Hyman joined today by Dan D. Francesco, an anchor for Business Insider and executive editor of the Business Insider Today newsletter.And Yahoo Finance's Jake Connley is with us once again, guys. Um, we're seeing futures pointing higher this morning. So, I guess the big the great tech selloff is done.Feels dish for the moment. Palanteer is helping matters this morning. Um, Alex Karp as usual, colorful on the call, calling calling it an otherworldly ...

IS THE HEART OF THE DAY UH UH MCDONALD'S OR MCDONALD'S. THIS IS UKRAINE'S FIRST MCDONALD'S, FAMOUSLY OPENED IN A BUSY KIEV NEIGHBORHOOD IN 1997 AFTER THE COUNTRY'S BREAK WITH THE SOVIET UNION. WELL, LOOK, YOU'VE GOT.THIS IS THE LUKEVSKY MARKET. THIS IS WHERE YOU CAN GET FRUIT, MEAT, SOCKS, WHATEVER ONE MIGHT NEED. THIS IS THE METRO STATION WHERE MANY RESIDENTS SHELTER DURING BOMBARDMENTS, AND THIS IS THE MCDONALD'S NEXT TO IT.THE RESTAURANT HAS BEEN DAMAGED BY RUSSIAN STRIKES AT LEAST 9 TIMES SINCE THE STAR ...