Two-Minute Market Focus

Could Europe’s banks offer an early read on new international opportunities? In this week’s episode, Focus’ Todd Jones reviews 90-day market performance and explains why the Deutsche Bank indicator suggests Europe may be starting to spring back to life. Click here to view supporting charts referenced in today's episode.

What could happen if the supply of U.S. equities exceeds investor demand? In this episode, Focus’ Todd Jones examines recent market performance, a potential shift in equity supply and demand, and how private equity dry powder could influence the market if new issuance puts pressure on existing shares. Click here to view supporting charts referenced in today's episode.

What’s the difference between nominal and real yields, and why does it matter for investors? In this week’s episode, Focus’ Todd Jones examines what rising Treasury yields may signal, the concerns driving bond markets, and whether bond and equity volatility are telling the same story. Click here to view supporting charts referenced in today's episode.

How valid are valuation concerns in the U.S. stock market? And after the Federal Reserve raised short-term interest rates for the first time in three years, has our view evolved? In this week’s episode, Focus’ Todd Jones examines the S&P 500’s more moderate valuation, how markets responded to the Fed’s decision, and what the SEC’s recent move toward tokenized stock trading could mean for inves...

Commodities led markets higher over the past 30 days as renewed geopolitical tensions added pressure to global energy markets. In this week’s episode, Focus’ Todd Jones discusses recent market performance, what warning signs net U.S. equity issuance can provide, and why global bond yields remain an important area to watch closely.  Click here to view supporting charts referenced in today's ep...

Markets have continued to show resilience during the summer months, with several asset classes posting gains despite a typically quieter period for market activity. In this episode, Focus’ Todd Jones discusses recent market leadership, why the bond market remains an important area to monitor, and how improving trends in commercial real estate may support a risk-on outlook.  Click here to view supp...

How do recent readings in the manufacturing and services sectors help shape our view of the U.S. economy? In this episode, Focus’ Todd Jones discusses recent market performance, the underlying strength in key areas of the economy, and why the bond market remains an important signal for investors to watch. Click here to view supporting charts referenced in today's episode.

Markets have continued to climb despite volatility across commodities, equities, and fixed income. In this episode, Focus’ Todd Jones breaks down year-to-date performance trends, small-cap leadership, earnings growth expectations and the continued rise in AI capital spending.  Click here to view supporting charts referenced in today's episode.

Credit markets have settled into a quieter stretch, with volatility subdued and trading largely range-bound. In this episode, Focus’ Todd Jones shares how spreads might be starting to suggest a different outcome later this year, and takes a look at recent market performance and key correction/recession indicators. Click here to view supporting charts referenced in today's episode.

What does SpaceX’s unlock period look like, and how could it impact the company’s price over the intermediate term? In this episode, Focus’ Todd Jones discusses the potential price implications, along with small-company rotation leadership, recent performance trends, and key correction/recession indicators.  Click here to view supporting charts referenced in today's episode.

New IPO activity is creating an imbalanced supply-and-demand picture in the stock market. Which way will the market trend once SpaceX, OpenAI, and Anthropic become public? In this episode, Focus Partners’ Todd Jones explores how the equity market supply and demand may create imbalance as well as performance trends and correction/recession indicators.  Click here to view supporting charts reference...

How do inflation trends from the 1970s compare to the 2020s? In this episode, Focus Partners’ Todd Jones explores inflation progression, performance trends, and correction/recession indicators.  Click here to view supporting charts referenced in today's episode.

The “Buffett Indicator” is breaching into all-time high levels. What could this signal for the markets? In this episode, Focus Partners’ Todd Jones explores this gauge as well as Magnificent Seven earnings, performance trends, and correction/recession indicators.  Click here to view supporting charts referenced in today's episode.

Is the bottleneck in the semiconductor sector real? In this episode, Focus Partners’ Todd Jones unpacks this timely topic and shares his thoughts on the SpaceX IPO, performance trends, and correction/recession indicators.  Click here to view supporting charts referenced in today's episode.

First quarter earnings expectations are strong, but the broader economic picture in 2026 has been anything but clear. In this episode, Focus’ Todd Jones examines whether markets may be overlooking some cautionary economic signals.  Click here to view supporting charts referenced in today's episode.

A sustained kinetic conflict with Iran has created upside risk in energy prices since the start of the year. In this episode, Focus Partners’ Todd Jones explores if energy inflation is starting to seep into consumer prices, performance trends, and correction/recession indicators.  Click here to view supporting charts referenced in today's episode.

Are there any signals coming from high yield or volatility markets that give us concern? In this episode, Focus Partners’ Todd Jones covers this timely topic, the current state of private equity dry powder and how it may relate to public market trading, the recent Cliffwater article featured in The Wall Street Journal, performance trends, and correction/recession indicators.  Click here to view su...

With Iran dominating the headlines, what are some initial takeaways from the conflict in the Middle East? In this episode, Focus Partners’ Todd Jones dives into this topic along with midterm elections, performance trends, and correction/recession indicators.  Click here to view supporting charts referenced in today's episode.

Trends from the fourth quarter of last year are extending into 2026. Where is the strength coming from? In this episode, Focus Partners’ Todd Jones shares information on performance trends and correction/recession indicators.  Click here to view supporting charts referenced in today's episode.

In this episode, Focus Partners’ Todd Jones breaks down the latest movements in gold and silver, provides a performance update for 2026, and highlights key recession indicators investors are watching.  Click here to view supporting charts referenced in today's episode.

What are the implications for active strategies when market dispersion is elevated? In this episode, Focus Partners’ Todd Jones shares how wide differences in asset class performance can create opportunities for active managers as fundamentals, sentiment, and economic signals diverge.  Click here to view supporting charts referenced in today's episode.

Markets closed 2025 with momentum—but what could 2026 bring? In this episode, Focus Partners’ Todd Jones discusses what U.S. equity mutual fund flows could suggest for equity returns. He also shares how the uptick in bank lending could impact recession risks. Click here to view supporting charts referenced in today's episode.

Happy holidays from Focus Partners’ Todd Jones and the “Two-Minute Market Focus” team! In the last episode of 2025, Todd shares his thoughts on market performance over the last quarter, earnings growth estimates for 2026 , outlier risks, correction/recession indicators, and more.  Click here to view supporting charts referenced in today's episode.

While the broader S&P 500 experienced an average drawdown in November, underlying sector movement was much more meaningful. In this episode, Focus Partners’ Todd Jones discusses what we can infer from this dynamic. He also shares updates on recent market performance and recession indicators. Click here to view supporting charts referenced in today's episode.

In this episode, Focus Partners’ Todd Jones is joining us from the Partners Investment Summit in the desert oasis of Scottsdale. One of the key ideas that team members are discussing at the symposium is the AI bubble risk. Todd explores what this development may mean and shares updates on recent market performance and recession indicators.   Click here to view supporting charts referenced in today...