Tech Weakness Fuels Bond Rally and Value Rotation

Published on November 4, 2026

The Federal Reserve meeting last week was largely uneventful. The S&P 500 and the 10-year Treasury yield ending the trading session almost exactly where they stood before the Fed’s announcements. Despite some disagreements within the Fed, there was virtually no forward guidance.

Continue reading on website
Other news

Giving to Charity This Year? Consider the Tax Strategy Too

November 4, 2026
Most of us consider the end of the year as the season of giving. While you may have put some thought into how much you’d like to give this year, have you considered the best way to do it? The biggest benefit of charitable giving is supporting an organization that holds special meaning to you. But that doesn’t mean you can’t incorporate some potential tax advantages as well.

The Rotation Will Continue Until Morale Improves

November 4, 2026
We expect the rotation to continue. The earnings bar is high—very high. Any minor misstep has led to punishment, which has led to rotation. Rotation is not a bad thing, and if you are running a diversified equity portfolio, you should be in good shape.