The 1st Quarter and Mar market snapshot has been posted in the Reports Section …Not a pretty picture unles you love the color red.
Why so down?
1. Local: Q1 2025 was a record quarter. It’s probably unreasonable for Q1 2026 to be directly compared to it.
2. Macro: Tariif and Federal Reserve controversies created prevalent uncertainty.
3. Macro: Iran War has added even greater uncertainty
4. There’s obviously still a lot of extreme wealth around, but generally it seems clients are in a wait and see mode.
While uncertainty presents greater risk, there are likely more buyer opportunities as well.
Posted 04/04/26.
