Market Observations

Equity Market Observations July 7, 2026 | 6 min
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Equity Market Observations: Second Quarter 2026

Introduction Global equity markets delivered an exceptionally strong second quarter with nearly every major benchmark posting double-digit gains. Beneath those headline returns, however, market...
Equity Market Observations April 7, 2026 | 6 min
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Equity Market Observations: First Quarter 2026

Executive Summary Distinct Style Rotation: Large-cap growth underperformed while value and small-cap indices provided a critical buffer and marked a sharp retreat from mega-cap...
Market Musings March 30, 2026 | 5 min
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Oil Still Matters

On March 26 and March 27, 2026, the S&P 500 Index dropped 1.74% and 1.67%, respectively. This two-day decline totaling 3.38% is an event...
Strategy March 19, 2026 | 10 min
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The Case for 130/30 Strategies in Concentrated Markets

Executive Summary As of late 2025, the top 10 stocks in the S&P 500 Index represented nearly 40% of market capitalization and almost half...
Market Musings March 12, 2026 | 7 min
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Beta Breakup

Beta Breakup Investors have often viewed beta as a reliable compass for understanding market movements. Like most statistics in financial markets, that statement is...