Why Stock Prices Eventually Follow Earnings—Not the Crowd

Published on October 23, 2026

Stock prices reflect the decisions of buyers and sellers, whose expectations can shift quickly. Enthusiasm, fear, and uncertainty can push a stock above or below a reasonable valuation—and keep it there for an uncomfortable stretch of time.

Continue reading on website
Other news

Investing in a 5% Bond World: The Barbell

October 23, 2026
The number one question we tend to receive is: Where are long-term interest rates headed from here? Right behind it is: How do I invest in the bond market, not only for right now but also for the future? In our opinion, investors should be prepared for this elevated “normal” rate setting for the foreseeable future. We wanted to address both questions by examining how to prepare a bond portfolio fo

Q3 2026 CIO Review and Outlook

October 23, 2026
Emerging markets continued to deliver strong year-to-date returns in 2026, although the third quarter served as a reminder that the path higher is rarely linear. After a powerful first-half rally led by artificial intelligence (AI), semiconductors and other growth-oriented sectors, markets experienced a broad correction in July before stabilizing through the remainder of the quarter.