September 2026 Monthly Markets Update
Executive Summary The third quarter combined solid economic and corporate fundamentals with renewed pressure from oil and interest rates. Oil traded back above $100 per barrel, inflation remained elevated, Treasury yields surged higher, and the Federal Reserve raised rates in September. The S&P 500 traded higher and set a new all-time high as corporate earnings […]
2026 Q3 Letter: Baby, We’re Back
They say fashion trends are rarely new and mostly repeat themselves. Walk around Brooklyn, where I live, and you’ll see plenty of mullets, straight-leg jeans, and baby tees harking back to the late 90s and early aughts. Well, fashion is not the only Y2K throwback of the season; please welcome back the pre-2008 interest rates! […]