Iran Deal Nearing – Markets Rally – SpaceX Launches – June 12, 2026
Good morning, A momentous event is upon us today—no, not a peace agreement with Iran, but rather the largest IPO in history: SpaceX. Any Morning Note written this morning would be hard-pressed not to mention it, so here are a few Bloomberg highlights to satisfy the curiosity of Elon enthusiasts—or perhaps simply add another layer […]
The Importance of Diversification
Every investor understands that they should diversify. For most people, that conjures up a pie chart with some percentage in stocks, some in bonds, perhaps a slice of real estate, divided according to their goals and risk objectives. That asset allocation is real, and it matters. But in our work, it is just the starting […]