With recent events in the Middle East, we wanted to put out some literature regarding how the market tends to react in times of war and conflict.  The relationship between the stock market and war is paradoxical: while war is a human tragedy, history shows it is rarely a long-term bear case for the stock market. Markets are primarily driven by corporate earnings and economic growth, and while conflict introduces significant volatility, it often does not destroy the underlying

As we move through 2026, two perennial topics are once again top-of-mind for investors: income taxes and the stock market. While neither tends to inspire joy, both play a critical role in long-term financial outcomes. The good news? With thoughtful planning, neither has to be a surprise.

The Santa Claus Rally reflects sentiment, not destiny. Mortgage rates reflect the price of money, not holiday cheer. But sentiment matters. It shapes expectations, generates momentum, and forms the psychological backdrop for the year ahead.