The **S&P 500** just hit its **28th record high of 2026**, crossing **$71 trillion** in market cap for the first time.

 **10-, 20- and 30-year Treasury yields** are at 24-year highs.

 **Inflation is 3.4%**, above expectations, while mortgage rates are **7.28%**, the highest since 2023.

 The Fed is **hiking rates** for the first time since 2023. Unemployment has risen to **4.2%**, a 3-month high.

 Gasoline is **$4.36 a gallon**, up 39% in a year. Diesel is above **$6.3**.

 Crude is near **$88-$95 a barrel**. Consumer sentiment is **48.1**, the second-lowest in 74 years.

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