Monthly Market Perspective: September 2026

Monthly Market Perspective: September 2026

It’s Not Just Oil August’s 3.4% annual increase in the Consumer Price Index (CPI) shows that inflation remains stubbornly high. Higher energy prices remain a key driver, up 16% year over year. In addition to higher oil prices tied to the Iran conflict, reduced global...
Monthly Market Perspective: August 2026

Monthly Market Perspective: August 2026

It’s the Earnings, Stupid Conflict with Iran. The largest global oil supply shock and volatile energy prices. Inflation still above the Fed’s target. Long-term interest rates rising steadily throughout the year. Yet the S&P 500 is at an all-time high. How? As...
Monthly Market Perspective: July 2026

Monthly Market Perspective: July 2026

Beyond Magnificent The first half of 2026 was strong for stock-market indexes. The S&P 500 rose 10%, while the technology-heavy Nasdaq gained 13%. So it may surprise some that the “Magnificent 7” major tech and growth stocks—Alphabet, Amazon, Apple, Meta,...
Monthly Market Perspective: June 2026

Monthly Market Perspective: June 2026

Liftoff! June has the potential to be remembered for a series of meaningful liftoffs. As we write this, the United States and Iran have agreed to a peace deal. The announcement was light on details, and important disagreements are still unresolved. It seems more like...