Please Enjoy Vineyard Global Advisors' First Quarter 2026 Review.
Tom Samuelson, Chief Investment Officer at Vineyard Global Advisors, along with portfolio manager Kendall Dilley, discuss the events of the first quarter and our thoughts for the rest of the year.
Watch the Recording here:
Highlights
- The Iran War threw a wrench into the markets in the first quarter, however the damage was less severe than the 2025 tariff sell off, and markets have recently traded to all time highs.
- We saw a bit of valuation reset, the Mag7 are still expensive, but the average stock is close to the long term average.
- Volatility is normal, the average year has a 13% pullback.
- Bottom Line: Oil needs to flow, Strait of Hormuz open will allow markets to continue higher.
Read our Detailed Report Below:
Stay updated with our latest analyses and market outlooks by subscribing to our newsletter.
Presenters:
Tom Samuelson, CFA, CMT, Chief Investment Officer, Vineyard Global Advisors
Kendall Dilley, CFA, CMT Portfolio Manager, Vineyard Global Advisors
Researcher:
Sam Caylor, CMT, Investment Analyst & Senior Trader, Vineyard Global Advisors