Archive
jay pelosky
October 2026 Market Commentary

October 2026 Market Commentary

The broad markets experienced volatility in the 3rd quarter with concerns over the impact of energy prices on inflation as well as CapEx spending by hyperscaler companies in the AI space driving technology stocks.  The price of WTI Crude oil rallied sharply during the quarter by nearly 30%.  In turn, interest rates spiked and the 10-year treasury increased from 4.41% to 5.29%.  The aforementioned combined with elevated stock market valuations, seasonality weakness and political uncertainty with the upcoming elections has investors on edge.

July 2026 Market Commentary

July 2026 Market Commentary

The market came into the 2nd quarter of 2026 with weakness due to concerns over Trump’s launch of Operation Epic Fury alongside Israel against Iran. In the month of April, global markets experienced a turnaround, resulting in a double-digit return in most of the global equity indices for the 2nd quarter, largely as a result of improving global geopolitical tensions.

April 2026 Market Commentary

April 2026 Market Commentary

The market came into the first quarter of 2026 with some continued strength. However, there was a rotational broadening of the market away from mega cap areas such as the MAG 7 (Amazon, Meta, Nividia, Microsoft, Alphabet, Apple and Tesla)

January 2026 Market Commentary

January 2026 Market Commentary

The financial markets had another strong year in 2025 with most of the major asset classes having a positive year. In addition, most of the broad asset classes closed the year with a strong 4th quarter as well.

September 2025 Market Commentary

September 2025 Market Commentary

The environment for risk assets over the past 5 months has been exceptional. Since Trump removed policy uncertainty with his pause on tariffs, markets have rallied back to all-time highs without much of a hiccup.