October 2026 Sector Allocation

Please CLICK HERE to download the sector allocation report in PDF format.

MARKET RECAP

As the first nine months of the year came to a close, the S&P 500 was up 11.8% for the year. Our base-case, full-year outlook for 2026, which had called for a three-phase market this year, remains intact.

The S&P 500 slipped a modest 0.45% in September. We had entered September believing that stocks would defy the typically challenging seasonality of the month and advance. Though we admit to ...

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