Q1 2026 Markets Review: heads AND tails
Q1 2026 was a clear reminder that markets can shift quickly. After reaching new highs early in the year, equities pulled back amid renewed geopolitical tensions and inflation concerns. At the same time, other asset classes—including commodities and certain real assets—moved higher, reinforcing a core principle: diversification matters most when markets are uncertain.
In this quarter’s update, I outline what drove recent market movements, what they mean for long-term investors, and how disciplined portfolio construction helps manage both risk and opportunity. I also address a key question many investors are asking right now—whether current volatility warrants a change in strategy.
Key takeaways include:
• Why reacting to short-term market swings can be counterproductive
• How diversified portfolios helped cushion recent volatility
• What long-term investors and retirees should focus on now
Read the full Q1 2026 Market Update (PDF) for a deeper perspective on portfolio positioning and what to consider next.