Market Environment We hope everyone is enjoying the summer. Since our May update, markets have largely unfolded as anticipated. Strong corporate earnings, resilient economic growth, and continued investment in artificial intelligence infrastructure helped propel U.S. equities to new all-time highs in early June. In mid-June, markets entered a period of consolidation as investors digested [...]
We hope that everyone is well and looking forward to the summer. It has been an interesting year, and we suspect we shall encounter a few more surprises as we head into the second half of the year. Market moves have been quick and rather dramatic. The violent and swift nature of both the March [...]
Overview- 2025 was a good year for risk assets. The market moved into a choppy range bound trade during the 4th Quarter, as concerns over valuation in the AI space put a lid on the rally for the year. Our outlook for 2026, based on current expected earnings forecast and underlying fundamental strength in the [...]