Investment Commentary

Global equity markets declined in Q1 2026, with the S&P 500 falling 4.3% amid heightened geopolitical tensions, rising energy prices, and continued uncertainty around inflation and interest rates. Market volatility remained elevated as conflicts in the Middle East disrupted energy markets and contributed to inflationary pressures, while major equity sectors underperformed due to concerns around AI-related spending and financial stability. To learn more, click the link for the latest Market Environment.