DWM 2Q26 Market Commentary: Looking Past the Headlines

If you relied solely on the headlines during the second quarter, you probably wouldn’t have guessed stock markets were headed for one of their strongest quarters in years.
The news suggested anything but optimism. Geopolitical tensions in the Middle East escalated following the Iran conflict. Oil prices surged. Inflation concerns resurfaced. Yet beneath the daily headlines, markets quietly did what they have done throughout history: they looked ahead.