Doll’s Deliberations

Bond Yield Increases Are Finally Impacting Equities

Stocks pulled back last week as oil approached $100 per barrel, inflation remained elevated, and bond yields continued to rise. Investors are grappling with an escalation of war on two fronts. Read Bob’s take on what matters:

09/14/2026

Doll’s Deliberations

Bull Stocks, Bear Bonds: How Long Can It Last?

Rising global bond yields are threatening to derail the risk-on rally. Renewed military action in the Middle East is adding to the near-term upside risk for oil prices, inflation expectations, and bond yields. How much longer can equities keep climbing while bonds keep sliding?

09/08/2026

Doll’s Deliberations

Rising Interest Rate Risks Remain

The U.S. administration has not pivoted from taking short-term economic risks to pursuing pro-growth policies ahead of the mid-term elections, as expected. What should investors expect as a result? Read Bob's full take.

08/31/2026

Doll’s Deliberations

Will Higher Interest Rates Threaten Equities?

Long-term Treasury yields continue to face upward pressure as economic growth remains solid, inflation stays sticky, and government finances deteriorate. Could higher rates and bond yields eventually threaten equities?

08/24/2026

Doll’s Deliberations

An Inflation Respite, But Problem Unlikely Solved

Inflation's cooling but the Fed's not off the hook yet, Bob Doll looks at what sticky inflation, surging yields, and a resilient stock market mean for portfolios.

08/17/2026

Doll’s Deliberations

Becoming Increasingly Concerned About the ‘High Risk’ in ‘High Risk Bull Market’

The global economic expansion should continue to roll on, but the threats to the bull run in risk assets are growing.

08/10/2026

Doll’s Deliberations

More Flies in the Ointment, but Earnings Remain Strong

As geopolitical tensions intensified and stocks pulled back, investors were left wondering whether strong earnings can continue to support markets. Read Bob's assessment.

08/03/2026

Doll’s Deliberations

Risks Increase, But No Fatal Blow

Last week featured a tug of war between earnings enthusiasm and rising geopolitical tensions, begging the question: How much better can earnings get? Read Bob’s assessment.

07/27/2026

Doll’s Deliberations

Vicious Rotation Within the Stock Market Accelerates

Momentum took a hit this week, with semiconductors, memory, and AI infrastructure names leading the pullback. Yet beneath the volatility, the broader picture looks intact. Bob covers what’s driving markets and what to watch next.

07/20/2026

Doll’s Deliberations

Degrees of Freedom Continue to Be Reduced

Cracks in the global tech stock boom have widened slightly of late. Will it dent investors’ overall enthusiasm to own equities? Or will higher bond yields materialize and put assets with stretched valuations at risk? Bob Doll puts it all together.

07/13/2026

Commentary

Stocks pulled back last week as oil approached $100 per barrel, inflation remained elevated, and bond yields continued to rise. Investors are grappling with an escalation of war on two fronts. Read Bob’s take on what matters:

Rising global bond yields are threatening to derail the risk-on rally. Renewed military action in the Middle East is adding to the near-term upside risk for oil prices, inflation expectations, and bond yields. How much longer can equities keep climbing while bonds keep sliding?

The U.S. administration has not pivoted from taking short-term economic risks to pursuing pro-growth policies ahead of the mid-term elections, as expected. What should investors expect as a result? Read Bob's full take.

Long-term Treasury yields continue to face upward pressure as economic growth remains solid, inflation stays sticky, and government finances deteriorate. Could higher rates and bond yields eventually threaten equities?

Inflation's cooling but the Fed's not off the hook yet, Bob Doll looks at what sticky inflation, surging yields, and a resilient stock market mean for portfolios.

The global economic expansion should continue to roll on, but the threats to the bull run in risk assets are growing.

As geopolitical tensions intensified and stocks pulled back, investors were left wondering whether strong earnings can continue to support markets. Read Bob's assessment.

Last week featured a tug of war between earnings enthusiasm and rising geopolitical tensions, begging the question: How much better can earnings get? Read Bob’s assessment.

Momentum took a hit this week, with semiconductors, memory, and AI infrastructure names leading the pullback. Yet beneath the volatility, the broader picture looks intact. Bob covers what’s driving markets and what to watch next.

Cracks in the global tech stock boom have widened slightly of late. Will it dent investors’ overall enthusiasm to own equities? Or will higher bond yields materialize and put assets with stretched valuations at risk? Bob Doll puts it all together.

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