Soaring raw material costs and cautious post-recession spending had half the street expecting squeezed retail margins. This is the week global pricing power blew those doubts away.
Daily #37 stock chart answers — August 10, 2026
Five anonymised historical charts were dealt to every player. The Monkey Index returned -0.18% across the same tape.
110 desks completed all five charts.
Insurers were still absorbing the historic payouts from Hurricane Katrina, leaving Wall Street cautious about property underwriters ahead of the next storm season. The quiet post-disaster bounce held.
Years of debt scares had crushed the legacy industrial giant, but a massive overhaul was finally convincing Wall Street that the bottom was in. This is the week the turnaround kept rolling.
Incoming Fed rate hikes and commodity turmoil had turned derivatives exchanges into the street's favourite inflation hedge. Broader market pressure dragged it down anyway.
Lehman had just collapsed and financial stocks were crashing, yet industrial suppliers had held firm through late September. That calm broke the moment panic hit the real economy.