Bond yields are SOARING

• AI regulation is a key topic, with debate on industry self-policing versus government intervention, and uncertainty about AI's future impact on employment.
• A 'Santa Trump rally' is anticipated into year-end, fueled by light market positioning, strong earnings, and accommodative monetary policy.
• Soaring 10-year and 30-year Treasury yields (highest in decades) are driving mortgage rates to 7%, posing an affordability tax on consumers and the housing market.
• Oil prices are spiking due to U.S.-Iran talks, but the market is seen as resilient to geopolitical and energy price shocks.

The panel discusses the market's resilience despite soaring bond yields, rising mortgage rates, and geopolitical tensions. Analysts foresee a potential 'Santa Trump rally' driven by strong earnings and accommodative monetary factors, advising investors to buy dips. Concerns remain regarding consumer affordability and the long-term impact of AI on the job market.