Missed the live session? Watch the full market update recording below. Recorded June 2, 2026
Markets continue to reach new highs despite persistent inflation, elevated interest rates, and ongoing geopolitical uncertainty. During our June 2026 Market Outlook, David Kastner, CFA and Cormac Murphy, CFA discussed the forces driving today's rally, the role artificial intelligence is playing in economic growth, and the key risks investors should monitor moving forward.
Thank you to everyone who joined us for our June 2026 Market Outlook event.
During this presentation, Adams Wealth Advisors' investment team explored one of the most important questions facing investors today:
After a strong market rally, what comes next?
David Kastner, CFA, and Cormac Murphy, CFA discussed the economic forces shaping today's markets, including inflation, interest rates, artificial intelligence, earnings growth, global investment opportunities, and the risks investors should continue to monitor.
Despite ongoing geopolitical uncertainty and concerns surrounding inflation, markets have continued to push higher. The team reviewed why strong corporate earnings—particularly in companies benefiting from artificial intelligence and infrastructure spending—remain a key driver of market performance.
Topics discussed include:
While many investors worry the current rally resembles past market bubbles, corporate earnings growth continues to support higher stock prices. First-quarter earnings significantly exceeded expectations, helping justify current valuations.
AI is no longer simply a technology story. It is driving demand for data centers, semiconductors, memory, energy infrastructure, and productivity-enhancing technologies across multiple industries.
Energy prices, housing costs, electricity demand, and tariff-related pressures continue to contribute to inflationary trends. While inflation has improved substantially from 2022 highs, the path back to the Federal Reserve's target remains uneven.
The economy remains resilient, supported by healthy consumer spending, low unemployment, and solid GDP growth. While interest rates remain an important risk factor, strong earnings and economic activity continue to provide support for markets.
International markets have performed well, but leadership has been concentrated in specific countries and sectors tied to AI infrastructure and semiconductor production. Broad diversification alone may not be enough—selectivity remains critical.
As we move through the remainder of 2026, our team continues to monitor:
While uncertainty always exists, we believe successful investing requires maintaining perspective, focusing on long-term fundamentals, and remaining disciplined through changing market environments.
Thank you for your continued trust and confidence in Adams Wealth Advisors.
The market environment continues to evolve, and every investor's situation is unique.
If you'd like to discuss how today's economic and market trends may impact your financial plan, we're happy to help.