August Update from Sullivan Wealth Management

In this month's update, we take a closer look at the next stages of AI development and renewed geopolitical volatility, which have kept equities in check recently. However, we are optimistic that more upside is ahead if energetic earnings estimates for 2026 and 2027 prove achievable. We also provide some of our strategies for paying less tax in retirement.

Sullivan Wealth Management

August 11, 2026

Global Insight - Midyear Focus

Stock markets have been bumpy lately with worries about AI and Middle East tensions, but here's the good news: if companies deliver on their earnings promises, there could be real gains ahead this year and next. Meanwhile, bond yields are hitting levels we haven't seen in decades, which is reshaping how investors should think about their portfolios.

Global Equity - Push and Pull
As things stand, we view the following as the biggest potential risks to portfolio returns.

A prolonged Strait of Hormuz closure.
Uncertainty about AI's future.
If inflation surges, the Fed may have to raise interest rates.

Global Fixed Income - Altitude Sickness
Though central banks kept policy rates on hold, the same cannot be said for global sovereign bond yields. 2026 has seen numerous fresh multi-decade highs for 30-year government bond yields with the notable addition of the U.S. 30-year Treasury in July, and we offer thoughts on the primary driver of the recent volatility.

To read the full Global Insight from our Global Portfolio Advisory Committee, click here.

George Davis Report

July 2026 Edition

Don’t miss this month’s edition of the George Davis Report, where George explains the rationale behind our recent forecast changes for USD/CAD.

To access this informative report, please click here.

Ten Strategies to Pay Less Tax in Retirement

Maximizing your after-tax retirement income

Are you approaching retirement or have you recently retired? Maximizing your retirement income may be an important aspect of enjoying and making the most of this new phase of your life. However, a large portion of your major sources of retirement income may be taxed at the top marginal tax rate with no preferential tax treatment.

Fortunately, there are several approaches you may want to consider to maximize your after-tax retirement income. Although not exhaustive, our guide discusses 10 common tax saving retirement strategies.