Vineyard Global Advisors | Market Commentary

2026 Halftime Report

Written by VGA Investment Team | August 12, 2026

Please Enjoy Our 2026 Halftime Report Recording and Deep Dive

Tom Samuelson, Chief Investment Officer at Vineyard Global Advisors, along with portfolio manager Kendall Dilley, discuss the events of the first half of 2026 and our thoughts on markets going into the second half of the year.


Watch the Recording here:

 

Highlights

  • The Iran War continues into its 6th month, but markets hold up well and make all time highs.
  • The AI trade took a breather, but we still see upside for the AI bull market.
  • 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