While there is little doubt that AI is transformational, it remains difficult to forecast demand or determine how it will affect businesses, workers, and productivity in the years ahead.
Markets were mixed this week as leadership continued to rotate within the market. The S&P 500 returned -0.1% and the Nasdaq declined -2.5% as investors rotated out of Technology stocks.
Please join our Chief Investment Officer, Mike Minter, for our quarterly webinar where we discuss ten relevant market and economic themes heading into the 3rd quarter of 2026.
Markets traded higher this week, with leadership swinging back to the largest technology stocks. The S&P 500 gained +1.23%, and the Nasdaq Composite returned +1.74%, while the Russell 2000 small-cap index finished -0.61% lower.
Most economic reports are released with a delay, which means investors are often looking at what happened weeks or even months ago after economists have had time to gather the data.
With headlines focused on the SpaceX IPO, inflation, and other upcoming events, many clients have questions on how these factors affect markets and their portfolios.
Chart of the Month | Stocks vs. Bonds: More Choices for Investors as Bond Yields Rise