by David Wagner | Mar 3, 2026 | Blog, Market Updates
Market Recap → A Theme of Disintermediation: Headline returns for the index remained somewhat muted during February; however, underneath the hood from a single stock standpoint, we witnessed a lot of turbulence. This market chop was characterized by a significant...
by David Wagner | Feb 23, 2026 | Blog, Market Updates
Last week was supposed to be a quiet, short week; it was anything but. Cue Friday, February 20th: 1) SCOTUS Tariff decision (deemed illegal), 2) Core PCE (higher than expected), and 3) First look at Q4 GDP (lower than expected). But, before we dive in, below is one of...
by David Wagner | Feb 18, 2026 | Blog, Market Updates
This musing is basically a 2:1 special. In the opening monologue, let’s talk about what’s going on underneath the hood of the market, then we’ll get to the Kevin Warsh nomination and what that means for asset allocations (for more on Warsh, here is...
by David Wagner | Feb 3, 2026 | Blog, Market Updates
Market Recap → A Month of Headline Digestion: The theme of January is perhaps best captured in how the black swan events that cropped up— Venezuela, Japan, Greenland—were unable to derail the cyclical and secular momentum that has been driving stocks for much of the...
by David Wagner | Jan 23, 2026 | Blog, Market Updates
The pace of change these days, whether it’s technology or geopolitics, is absolutely stunning: Maduro, Greenland, Venezuela, Lisa Cook, Powell, etc. The factors, the stocks, the sectors, are moving at warp speed under the S&P 500. In a nutshell, financial assets...
