Edison Byzyka remains bullish through year-end, citing a resilient labor market and consumer despite weak sentiment, higher yields, inflation and geopolitical pressure on oil. He discusses how the midterms could shape markets and says JPMorgan Chase (JPM), Wells Fargo (WFC) and Goldman Sachs (GS) earnings still point to healthy consumers, although guidance is softening. He warns persistently high oil and diesel prices could reignite inflation, while weaker earnings guidance, particularly around AI, could eventually trigger a needed market correction.
Morning Movers
19 Oct 2026
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