Rallying Markets, Rising Concentration
2Q 2026
Equity markets rallied in the second quarter, supported by stronger earnings expectations and continued enthusiasm for artificial intelligence. While fundamentals remain constructive, rising concentration within major indexes highlights the importance of diversification and valuation discipline.
Volatility Returns, Fundamentals Hold
1Q 2026
Equity markets pulled back amid geopolitical tensions and rising inflation expectations, but underlying fundamentals remain intact. Strong earnings growth and a resilient economic backdrop continue to support a constructive long-term outlook.
Conflict in the Middle East
March 2, 2026
Military developments in the Middle East are driving headlines — and volatility.
The Market’s Next Chapter Beyond the Magnificent 7
4Q 2025
Markets capped off 2025 with another strong year, supported by easing monetary policy and resilient earnings. In our 4Q25 review, we break down what drove returns and why 2026 may be defined by broader participation across the market.
Watch the discussion
3Q 2025
Hear from members of Oarsman’s Investment Committee as they break down important developments from the previous quarter and share what they’re watching as we enter the next quarter.
Beyond the Headlines: Fundamentals Drive the Market Higher
3Q 2025
Despite lofty valuations and constant chatter about an overheated market, fundamentals remain strong. Earnings growth, fiscal support, and resilient consumer spending continue to underpin the rally. We look beneath the surface to see what’s propelling markets — and what risks may lie ahead.
Watch the discussion
2Q 2025
Hear from members of Oarsman’s Investment Committee as they break down important developments from the previous quarter and share what they’re watching as we enter the next quarter.
Markets Rebound but Risks Remain
2Q 2025
A swift recovery from early-quarter losses pushed the S&P 500 to new highs, fueled by investor optimism. Yet with valuations stretched and policy uncertainties looming, we remain focused on fundamentals as we assess the path ahead.
What Moody’s U.S. Credit Downgrade Means for Investors
May 19, 2025
Moody’s has downgraded the U.S. credit rating, citing rising deficits and political gridlock—joining Fitch and S&P in moving the U.S. off its AAA perch. While this won’t lead to a default, it could increase volatility and borrowing costs. We break down what this means for investors and how Oarsman Capital continues to manage risk in uncertain times.
Watch the discussion
1Q 2025
Hear from members of Oarsman’s Investment Committee as they break down important developments from the previous quarter and share what they’re watching as we enter the next quarter.