2026 - Second Quarter - Headwinds
A brief scan of the headlines today shows the average consumer being battered by high inflation, elevated interest rates, and increasing unemployment so it is not surprising that markets are falling like a rock….but wait…they are not! Instead they are hitting new highs! Why?
In our latest newsletter, we discuss the reasons behind this seemingly illogical set of circumstances and how the challenges my dad and I encountered while paddling on Lake Powell mirrors what many investors are now facing.
A brief scan of the headlines today shows the average consumer being battered by high inflation, elevated interest rates, and increasing unemployment so it is not surprising that markets are falling like a rock….but wait…they are not! Instead they are hitting new highs! Why?
In our latest newsletter, we discuss the reasons behind this seemingly illogical set of circumstances and how the challenges my dad and I encountered while paddling on Lake Powell mirrors what many investors are now facing.
Joshua Brown
June 29, 2026