Edition for Thursday, August 13, 2026

The Patience Test: Markets Await Convincing Declines As Inflationary Pressures Linger

Amidst resilient consumer spending and stubbornly high energy prices, equity markets will struggle to find directional conviction, with technology remaining relatively insulated.

Our call:Markets should stay flat·65% chance we're right·confidence 75/100

Get tomorrow's call free. Every trading day at 5 PM ET.

Opening Bell

SPX

-0.20%

↑ 45%

NDX

+0.10%

↑ 52%

DJI

-0.30%

↑ 40%

RUT

-0.60%

↑ 38%

VIX

+0.80%

↑ 60%

DXY

+0.15%

↑ 58%

The Editorial

The Patience Test: Markets Await Convincing Declines As Inflationary Pressures Linger

Amidst resilient consumer spending and stubbornly high energy prices, equity markets will struggle to find directional conviction, with technology remaining relatively insulated.