I hope you’re doing well. We wanted to share a brief update, drawing on recent insights from our partner, Stratos Investment Management, regarding current market conditions and areas they are monitoring as 2026 unfolds.
Geopolitical developments have contributed to increased market volatility this year, particularly in regions important to global energy supply. As a result, oil and gasoline prices have moved higher, adding a layer of uncertainty across markets.
Higher energy costs are influencing inflation trends. While some underlying inflation measures have shown signs of moderation, rising input costs have complicated expectations around interest‑rate policy and the timing of any potential adjustments by the Federal Reserve.
Equity markets have delivered mixed results year‑to‑date. U.S. large‑cap stocks have faced some pressure, while certain mid‑cap, small‑cap, and international markets have shown relative resilience, reinforcing the importance of broad market exposure.
Bond markets have also experienced heightened volatility. Changes in interest‑rate expectations, ongoing fiscal considerations, and increased Treasury issuance have influenced yields and weighed on fixed‑income returns in recent months.
Economic growth expectations have moderated somewhat as higher energy prices and tighter financial conditions may weigh on consumer spending. That said, current data continues to suggest ongoing, though slower, economic expansion.
Periods like these can be challenging, but they also reinforce the value of a disciplined, diversified approach. Remaining focused on long‑term objectives rather than short‑term market movements continues to be an important part of navigating evolving conditions.
Thank you for taking the time to read this update. As always, I’m happy to discuss your portfolio or the broader outlook in more detail.
Daryl Marsden
Investment Advisor
*Investment advice offered through Stratos Wealth Advisors, LLC, a registered investment advisor. Stratos Wealth Advisors, LLC and Veritas Boston Wealth Management are separate entities. The information contained in this market commentary reflects the opinions of Veritas Boston Wealth. These opinions do not reflect the views of others and are subject to change without notice. Content in this material is intended for general information purposes only and should not be construed as specific investment advice or recommendations for any individual. Please contact your advisor with any questions or for specific recommendations regarding your own circumstances. Investing involves risks including possible loss of principal.*
