Quarterly Perspective

August 4, 2026

by Mark Carlton, CFA®

Trademark Quarterly Commentary 2Q.2026

Stocks roared back from a disappointing first quarter with a 14.1% gain in the second quarter. That brought the year-to-date return up to 10.2%.

January 21, 2026

by Mark Carlton, CFA®

Quarterly Market Summary – January 21, 2026

U.S. stocks added another 2.6% last quarter, bringing its full year return to 17%.

November 30, 2025

by Mark Carlton, CFA®

Quarterly Perspective for 3Q.25

Global stocks outpace the U.S. as the AI narrative shifts. Get the full breakdown of 3Q.25's market winners, from international surges to the latest Fed moves.

October 25, 2025

by Mark Carlton, CFA®

Quarterly Perspective for 3Q.25

The stock market rally continued, with the S&P 500 adding another 8.1% last quarter to bring its year-to-date gain up to 14.8%.

July 23, 2025

by Mark Carlton, CFA®

Quarterly Perspective for 2Q.25

What a turnaround! Stocks soared to a 10.9% quarterly return last quarter after President Trump reversed himself on tariffs.

April 22, 2025

by Mark Carlton, CFA®

Quarterly Market Summary for Q1 2025

Of Pianos, Mattresses, and Light Switches - Why it is Especially Challenging to Manage Assets in this Environment

January 30, 2025

by Mark Carlton, CFA®

Quarterly Market Summary for Q4 2024

With dividends reinvested, the S&P 500 gained close to 25% in 2024, but only 2.4% of that came in the final three months.

November 5, 2024

by Mark Carlton, CFA®

Quarterly Perspective For Q3, 2024

The third quarter of 2024 was an investment advisor’s dream.

August 2, 2024

by Mark Carlton, CFA®

Quarterly Perspective for 2Q24

The S&P 500 gained 4.3% last quarter, and 15.3% in the first half of the year. That is the good news.

April 23, 2024

by Mark Carlton, CFA®

Quarterly Market Perspective for 1Q24

The stock rally that began in late October continued through this past March. The S&P 500 added 10.6% last quarter.

Investment Insights for Advisors

Ongoing market commentary and portfolio research from the team that manages the portfolios — designed to support the conversations you have with clients.

Market Perspective

Commentary on the events moving markets, written as the news develops. Each update gives advisors context for timely client conversations.

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Portfolio Strategy

Longer-form research on portfolio construction — asset allocation, structure, and how we manage risk across stocks, bonds, and beyond.

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The Trademark Take

A weekly look at the charts our investment team is watching, and what they suggest for portfolio management.

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