- The S&P 500 is holding a fragile calm following an AI sell-off.
- Moody's potential credit downgrade of France, ongoing civil unrest and an upcoming presidential election with radical fiscal proposals threaten the French economy and could trigger an EU crisis.
- Alphabet and Apple earnings will reveal AI monetization and capital expenditure trends.
- Anthropic's S-1 filing will detail its IPO plans and funding strategy.
- A potential Iranian military escalation would affect energy prices.
- The Oct 28 Fed meeting carries risk that a pause despite hotter-than-expected inflation erodes market confidence.
- Low market liquidity and high volatility compound these risks.
Quotes
“toxic brew”