Fact Sheets
2026
2026
Stocks rebounded strongly in the second quarter, as a de-escalation in the Iran conflict led to a sharp fall in oil prices, providing a boost to investor’s outlook for inflation and the economy. The S&P 500 advanced +15.2% while small stocks outperformed, rising +21.5% as measured by the Russell 2000 Index. First quarter corporate earnings reports were exceptionally strong, with 85% of S&P 500 companies exceeding expectations, marking the highest percentage since 2021.
Read MoreRead MoreWatch NowCommentary and Research Papers
2026
2026
Stocks posted a mixed but mostly positive month in June, with most major U.S. indices finishing the first half of 2026 near record highs as investor confidence continued to improve. Markets benefited from easing geopolitical tensions in the Middle East, a sharp decline in oil prices from their first-quarter peaks, and continued evidence that the U.S. economy remained resilient despite higher interest rates. While investors continued to debate the Federal Reserve’s next policy move amid still-elevated inflation, stronger-than-expected labor market data, resilient consumer spending, and improving manufacturing activity reinforced expectations that the economic expansion would continue. As recession fears subsided, investors increasingly shifted their focus from macroeconomic risks back to corporate fundamentals and long-term earnings growth.
Read MoreRead MoreWatch NowInstitutional - Commentary & Outlook
2026
2026
Early in the second quarter, U.S. investors appeared to conclude that both the U.S. and Iran wanted to avoid a prolonged conflict. That shift in sentiment helped spark a broad “risk-on” rally. Technology stocks, particularly semiconductors, led the advance, while the Energy sector lagged as easing tensions around the Strait of Hormuz weighed on oil prices. The quarter was the best for the Russell 2000 in six years (since the stimulus-fueled Covid rally in 2020).
Read MoreRead MoreWatch NowCommentary and Research Papers
2026
2026
United Parks & Resorts, operating under the SeaWorld and Busch Gardens brands, is a leading entertainment company with a dozen destination and regional theme parks grouped in key markets across the United States - most notably Texas, Virginia, Southern California, and Florida. The company offers a diverse array of rides, shows, and other attractions, but core to its offering is showcasing its one-of-a-kind zoological collection: Animal interactions anchor each theme park experience.
Read MoreRead MoreWatch NowCommentary and Research Papers
2026
2026
The main use of nuclear energy is to provide grid electricity; nuclear power today accounts for nearly one-tenth of global electricity generation, and that pace is on the upswing: In 2024, nuclear reactors worldwide supplied a new record amount of electricity, eclipsing the previous peak set nearly two decades earlier. Nuclear output has risen across the globe and is being particularly driven by growth in Asia: China and India have made concerted efforts to increase their reliance on nuclear power, plus reactors have restarted in Japan.
Read MoreRead MoreWatch NowCommentary and Research Papers
2026
2026
Stocks extended their strong rebound in May, building on April’s gains as investors grew increasingly confident that the worst of the first-quarter geopolitical and inflation-related concerns had passed. Easing tensions in the Middle East, reduced volatility in energy markets, and continued signs of U.S. economic resilience helped improve sentiment. While oil prices remained elevated, calmer market conditions allowed investors to refocus on corporate fundamentals and economic growth.
Read MoreRead MoreWatch Now