Published on September 03, 2026

Weekly Strategy Perspectives: It AIn’t Over Yet

Despite strong earnings and record-high stock prices, investors remain focused on whether the AI-driven market rally can continue and how rising long-term bond yields may impact future returns.

Written by Carol Schleif, CFA, SASB-FSA

Weekly Strategy Perspectives: It AIn’t Over Yet

"Everybody in the world is long-term investor until the market goes down.”

– Peter Lynch, renowned portfolio manager of Fidelity’s Magellan Fund

The Through Line: Investors are nervous in spite (or perhaps because) of another jaw-droppingly good earnings season that helped propel stocks to all-time highs. In a lengthy list of worries, two are tied for the top spot: sustainability of all the all things AI trade and rising long-term bond yields. AI has dominated the market psyche for many quarters. As businesses and citizens settle into using the technology (or not), welcoming data center construction (or not) and fretting about job losses, investors are left to ponder how – or whether – to continue participating in the theme. We frame key aspects of the debate and offer context to help illuminate the way forward.

Click to read: Weekly Strategy Perspectives: It AIn’t Over Yet