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LATEST INSIGHTS //
Remembering Alan Greenspan
Remembering Alan Greenspan
NEWS // June 22, 2026
Quarterly Letter – Q1 2026: War… But Do Investors Care?
Market behavior in Q1 was dominated by the war with Iran, with global oil prices soaring and equities collapsing after the February 28 attacks by the US and Israel. But after weeks of war, the extraordinary resilience of the US economy began to reassert itself. Creeping doubts about the profitability of AI had dampened performance before the war. But these and other concerns seemed to be cast aside at the end of Q1 as “buy the dip” fervor took over. It continued into April.
RESEARCH // April 24, 2026

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