{"id":5737,"date":"2026-08-30T20:11:43","date_gmt":"2026-08-31T00:11:43","guid":{"rendered":"https:\/\/envisionco.net\/?p=5737"},"modified":"2026-08-31T16:55:12","modified_gmt":"2026-08-31T20:55:12","slug":"week-ending-8-28-2026","status":"publish","type":"post","link":"https:\/\/envisionco.net\/?p=5737","title":{"rendered":"Week Ending 8\/28\/2026"},"content":{"rendered":"

MARKET RECAP<\/p>\n

U.S. stocks finished the week higher despite a modest pullback on Friday. The S&P 500 rose 0.5% from the prior Friday\u2019s close of 7,674.37 to 7,711.76. The Dow Jones Industrial Average also gained 0.5%, closing at 53,559.99 versus 53,277.01 a week earlier. The Nasdaq Composite outperformed with an 0.8% weekly advance, ending at 26,402.42 after starting the comparison week at 26,180.45.<\/span><\/span><\/span><\/div>\n
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Strength in mega-cap technology, led by Nvidia\u2019s better-than-expected results and outlook, offset late-week caution after Federal Reserve Chair Kevin Warsh\u2019s Jackson Hole remarks. <\/span><\/span><\/span>International equities, using VXUS as a proxy, slipped 0.2% for the week, closing Friday at $87.52 versus $87.71 the previous Friday. <\/span><\/span><\/span><\/div>\n
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The 10-year Treasury yield finished near 4.73%, little changed from about 4.74% a week earlier after moving lower midweek and then rising Friday. The 2-year yield, which is more sensitive to near-term Fed policy bets, reacted more sharply to Warsh\u2019s speech: it jumped more than 12 basis points on Friday to about 4.35%, from roughly 4.20%\u20134.23% the day before, as markets raised the odds of a rate hike. Warsh said recent inflation readings were better than expected but that underlying trends had not improved enough, and that price stability remains the Fed\u2019s predominant focus.<\/div>\n<\/div>\n
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Bitcoin ended the week roughly flat to slightly lower, near $77,800 after trading around $78,300 the prior Friday. Gold dropped about 3.2%, falling from roughly $4,608 an ounce to about $4,456. <\/span><\/span><\/span><\/div>\n
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Initial jobless claims for the week ended August 22 came in at 203,000, down 4,000 from a revised 207,000 and below forecasts.<\/span><\/span><\/span><\/div>\n
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The week\u2019s main policy catalyst was Warsh\u2019s first Jackson Hole speech as chair, which revived rate-hike speculation and weighed on stocks and gold on Friday. Other developments included collapsed U.S.-Canada trade talks and new tariff threats, additional sanctions aimed at isolating Iran, and political discussion of a Venezuela oil arrangement. Markets still posted a modest weekly gain in U.S. equities, supported by earnings, but finished the period more focused on inflation and the path of policy <\/span><\/span><\/span><\/div>\n
heading into Labor Day and the next jobs report.<\/span><\/span><\/span><\/div>\n

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Barron’s wrote about the AI Capex bubble and when it might burst. Historically, major capex cycles don’t top out until spending reaches about 25% of GDP. With US GDP currently at about $30 trillion, that would mean about $7.5 trillion in capex, and that probably won’t be reached until the beginning of the next decade. Another key point is that it takes some kind of external shock, like a policy change or monetary tightening, to trigger the collapse.<\/p>\n

\"\"<\/a><\/p>\n

SCOREBOARD<\/p>\n

\"\"<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

MARKET RECAP U.S. stocks finished the week higher despite a modest pullback on Friday. The S&P 500 rose 0.5% from the prior Friday\u2019s close of 7,674.37 to 7,711.76. The Dow Jones Industrial Average also gained 0.5%, closing at 53,559.99 versus … Continue reading →<\/span><\/a><\/p>\n","protected":false},"author":1893,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-5737","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/envisionco.net\/index.php?rest_route=\/wp\/v2\/posts\/5737","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/envisionco.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/envisionco.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/envisionco.net\/index.php?rest_route=\/wp\/v2\/users\/1893"}],"replies":[{"embeddable":true,"href":"https:\/\/envisionco.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=5737"}],"version-history":[{"count":3,"href":"https:\/\/envisionco.net\/index.php?rest_route=\/wp\/v2\/posts\/5737\/revisions"}],"predecessor-version":[{"id":5743,"href":"https:\/\/envisionco.net\/index.php?rest_route=\/wp\/v2\/posts\/5737\/revisions\/5743"}],"wp:attachment":[{"href":"https:\/\/envisionco.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=5737"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/envisionco.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=5737"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/envisionco.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=5737"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}