September 2026 market update
July left two stories on the table: a split equity tape under a nearly unchanged S&P 500, and a war in the Strait of Hormuz that had already pushed crude well above its June low. August answered only the first of those. The S&P 500 closed the month at 7,686.14, 196 points above July’s 7,489.72. […]
Inflation risk: What it is, and why it matters
Even “normal” inflation (the average inflation rate is around 3% a year) means that your money will buy less over time. Here’s how to manage that risk.
August 2026 market update
As the conflict between the U.S. and Iran wages on, its impact on oil prices proves continuously relevant to market volatility and the future for inflation. July saw the U.S. reimpose a naval blockade on Iranian ports and resume strikes on Iranian missile and drone sites near the Strait of Hormuz, a waterway that carries […]
June 2026 market update
The war with Iran remains highly tumultuous despite April’s indefinite ceasefire extension. The truce has been critically strained by a continuous “dual blockade” in the Persian Gulf and direct military flare-ups, with U.S. retaliatory strikes in early June. With geopolitical developments as a top investing concern for 73% of respondents to a recent Schwab survey, […]
May 2026 market update
The ongoing war with Iran appears to have no clear off ramp in sight, and the ceasefire seems to be on tenuous ground. The equity markets, responding in part to a historically strong earnings season, have been hitting new highs, even if only temporarily. The bond markets are more pessimistic. The about-face in expectations for […]
April 2026 market update
We’re a little more than a month into the war with Iran, and recent data releases are beginning to tell a story of the impact on the economy. Growth expectations are lower, inflation is higher and consumer sentiment is tanking. The bond and equity markets have been reacting to the headlines, but there is beginning […]
March 2026 market update
The market barely had time to digest tariffs and AI when the Trump administration began a war against Iran. After the initial reaction, the market appeared to recover somewhat, as investors likely began to lean towards the conflict not being drawn out over a longer time horizon. Oil prices have increased precipitously, and recent guidance […]
February 2026 market update
The weekend after a mid-week New Year’s Eve is usually a slow news cycle, but not this year. The response from the markets was largely positive, rather than any broader negative implications from increased geopolitical uncertainty.
January 2026 market update
The weekend after a mid-week New Year’s Eve is usually a slow news cycle, but not this year. The response from the markets was largely positive, rather than any broader negative implications from increased geopolitical uncertainty.
December 2025 market update
The weekend after a mid-week New Year’s Eve is usually a slow news cycle, but not this year. The response from the markets was largely positive, rather than any broader negative implications from increased geopolitical uncertainty.
