Quarterly Remarks - Q1 2026

Q1 didn’t feel great on the surface. Stocks were down globally, bonds didn’t provide much help, and the headlines, from the unwind in the AI trade to rising tensions in the Middle East, only added to the noise. But underneath that, the story was more nuanced. In this week’s video, I walk through how different the outcomes were depending on where you were invested. To conclude the video, I cover how bonds have moved past a historic diversification slump, and how they can be structured to compliment a portfolio.

Chapters:

0:08 - Introduction

0:58 - Portfolio Returns Break-Down

2:39 - US Equity Return Break-Down: Large vs. Small, Growth vs. Value

4:11 - Bonds Move Past a Historic Diversification Slump