The first quarter of 2026 came to a close last week, and it played out in two distinct acts. The quarter opened with momentum.
Something in the Orange
t has been a tough start to 2026 for financial markets to say the least. And following three years of relentless, tech fueled US stock market upside, many are now increasingly wondering whether the orange dancing in the eyes of investors for so long is finally starting to extinguish. With so much turbulence, volatility and uncertainty in today’s market, where the hell are we supposed to go?
Crisis in the Middle East
In this week’s GVA Market Insights, our Asset Management team deep dives into the crisis in the Middle East.
Masters of War
“Come you masters of war, You that build the big guns, You that build the death planes, You that build all the bombs, You that hide behind walls, You that hide behind desks, I just want you to know, I can see through your masks” –Masters of War, Bob Dylan, 1963 Financial markets are transfixed by war. On Saturday, February 28, the United States and Israel …
Seasons
“Summer nights and long warm days , Are stolen as the old moon falls, And my mirror shows another face, Another place to hide it all” –Seasons, Chris Cornell, 1992 The party is over. After a three-year rager in the technology sector fueled by a mosh pit of Artificial Intelligence (AI) euphoria, the long overdue hangover is now setting in. The AI …
Epic Fury
Over the weekend, the United States and Israel launched Operation Epic Fury, which involved hundreds of U.S. and Israeli aircraft performing strikes on key military and nuclear sites.
Market Insights – Tariffs
The Supreme Court ruled that President Trump cannot unilaterally impose broad tariffs under IEEPA. Trump delivered the State of the Union, and the AI boom is not fading; it’s just rotating.
All The World’s A Stage
The game has changed once again. At one time, many decades ago, we operated in a Cold War world defined by spheres of influence.
Mr. Brightside
I’m a financial asset Mr. Brightside, as I see a market that is arguably off to its healthiest start in years.
Olympic Metals
The Winter Olympics open this week in Milan, a global showcase of discipline, precision, and marginal gains measured in hundredths of a second. Yet one thing remains constant. Every event ends with athletes on a podium, medals draped in gold, silver, and bronze. The symbolism is universal. Gold represents supremacy. Silver rewards excellence just short of the peak. Bronze honors …