Stephanie Link, chief investment strategist at wealth manager Hightower ($350 billion in assets), is sticking with stocks even as the 10-year Treasury yield nears 6%. She argues consumer spending remains the backbone of the economy, with initial jobless claims last week at their lowest since 1969, and that growth, largely driven by AI, is pushing bond yields higher. She expects market breadth to improve after earnings as sectors like finance and industrials catch up, and sees promise in quantum computing, robotics and cybersecurity. Link sums up her approach as investing in what you know and see.
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Related tickers and likely impact
SPY
▲ Likely positiveSPDR S&P 500 ETF
Relevance: low
| Market | US stocks |
|---|---|
| Sector | ETF |
| Close on 10/15/2026 | 771.79 |
| Change that session | +0.28% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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