Strategy Commentary

Q1 2026

Geopolitical events dominated markets in the first quarter, creating heightened uncertainty and volatility.

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Q4 2025

Economic doomsayers and market Cassandras were left disappointed in 2025, as neither the economy nor financial markets experienced the weakness so widely predicted at the start of the year.

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Q3 2025

After a turbulent second quarter dominated by Trump’s “Liberation Day” tariffs and their quick reversals, Q3 2025 unfolded with remarkable calm.

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Q2 2025

Second quarter markets delivered high drama reminiscent of a Hollywood thriller, marked by unexpected turns and a climactic resolution that rewarded investors despite considerable volatility.

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Disclosure:  The information presented reflects general market commentary, is for informational and educational purposes only, and is not investment advice.  Any forward‑looking statements or opinions expressed are based on current expectations, assumptions, and market conditions as of the date they are written. Past performance is no guarantee of future results.

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