U.S. equities continued their strong advance this week, with technology stocks once again leading the rally and pushing the S&P 500 and Nasdaq to fresh record highs. For the week, the Nasdaq gained 4.5%, the S&P 500 rose 2.3%, and
Weekly Market Recap U.S. equities delivered a mixed but constructive week, with gains across major indices: S&P 500: +1.2% Dow Jones Industrial Average: +0.8% Nasdaq Composite: +1.9% The tone of the week was defined by a combination of resilient economic
The S&P 500 declined approximately 0.8% this week, reflecting a modest pullback after recent strength as investors recalibrated expectations for the path of interest rates. Midweek data pointed to a still-resilient economy—particularly in services activity and labor market readings—reinforcing the
Kip Lytel, CFAMontecito Capital Management Whether you are currently working with us or simply following our market commentary, we believe it is important to provide clarity around both what is happening in markets and how portfolios should be positioned. This
Author: Kip Lytel, CFA Research Analyst: Loveth Abu A Familiar Late-Cycle Question After more than two years of powerful equity gains, investors increasingly find themselves asking a familiar question: how much
When someone inherits a taxable brokerage account, it often contains large positions in individual stocks accumulated over decades. These holdings frequently reflect the investment environment of the previous generation — a time when investors held concentrated positions in dominant American