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Piper Sandler Strategist Sees Broadening Equity Rally Despite AI Bubble and Jobs Concerns
On February 9, 2026, Piper Sandler's chief investment strategist Michael Kantrowitz said he remains positive on equities even as investors worry about an artificial intelligence-driven bubble and softer labor data. He noted that since October the stock market has begun to broaden for the first time in about four years, supported by easing interest rates, lower bond yields and improving earnings breadth.
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House GOP Report Alleges Biden Regulators Pressured Banks to Deny Crypto Services
The U.S. House Financial Services Committee released a 53-page report on December 1, 2025, alleging that Biden Administration regulators attempted to exclude cryptocurrency firms from the banking system. Republicans claim the Federal Reserve, FDIC, OCC, and SEC coordinated policies to discourage banks from serving digital asset companies. The report labels these efforts "Operation Choke Point 2.0" and asserts they occurred while Congress worked to establish regulatory clarity for the sector.
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