Trisha's Thoughts

Trisha shares her thoughts on the markets, either about specific events that are happening or the market in general. Please check back regularly for new content.

Quarter Two 2026 Update

Investment markets seemed to shift their focus from concerns about Iran and oil prices back to excitement about growing corporate earnings during the quarter. This led to solid gains for stocks across broad indexes, helping to recoup the pullback that had occurred in March.

While the bond market posted a gain for the quarter, interest rates did tick up following higher inflation readings and the new Federal Reserve Chairman recommitting to a 2% inflation target. The bond markets have shifted from expecting further interest rate cuts to now pricing in an expectation of the Federal Reserve raising rates later this year.

As we move into the second half of the year investors will be closely watching to see if economic fundamentals remain resilient and if corporate profits continue to meet (or exceed) expectations. With heightened uncertainty and volatile oil prices remaining a concern, volatility could certainly ramp up again.

As we review and rebalance portfolios this quarter we will continue to strive to balance risk and return, adjusting for current circumstances.  We will continue to maintain broad diversification, understanding that volatility can occur at any time and can work in both directions. In all environments we believe in the importance of diversification, the value of a regular strategy of rebalancing and the contribution of income toward total return.  We continue to view cash as important, particularly in accounts with on-going distributions, and expect to continue to hold a meaningful amount of it where appropriate.

As always, if you have any questions, please feel free to reach out to us. We are always happy to talk with you.

Sincerely, 

Trisha Arndt

Forward-looking statements are not guarantees of future performance and involve certain risks and uncertainties which are difficult to predict.  Past performance is not indicative of future results.  All indices are unmanaged, and investors cannot invest directly into an index.  Diversification does not assure a profit or protect against loss in declining markets, and diversification cannot guarantee that any objective or goal will be achieved.

This material is intended for informational purposes only and should not be construed as investment advice, a solicitation, or a recommendation to buy or sell any security or investment product. Please contact your financial professional for more information specific to your situation.