25 days until midterms and you can feel things heating up in both politics and markets. Market intervention continues from the administration as they seek to keep things supported through November and into Anthropic’s coming IPO. Meanwhile the pressures continue building beneath the surface as inflation data remains sticky and geopolitical escalations are not slowing. We think patience in these markets will bode well, but we also find ourselves increasing activity from the last few weeks. I expect volatility to continue to slowly trend higher into coming months with lots of chop.
This week’s issue covers:
Midterms.
Taking stock.
Higher education follow up.
Asset allocation thoughts.
