Market Commentary

Second Quarter 2026 Commentary & Outlook

Second Quarter 2026 Commentary & Outlook Dear Clients, I hope this letter finds you well. It was an eventful second quarter, in and outside of capital markets. This past June, I turned 30 and I got engaged. People I know have jokingly asked whether I feel...

First Quarter 2026 Commentary & Outlook

First Quarter 2026 Commentary & Outlook Dear Clients, I hope this letter finds you well. Today, in Baltimore County the temperature is 82 degrees Fahrenheit on the fourth day of April. Though warm weather rarely perturbs me, you can imagine my surprise after...

Fourth Quarter 2025 Commentary & Outlook

Fourth Quarter 2025 Commentary & Outlook Dear Clients, I hope this letter finds you healthy and well early in the new year. Writing this letter always serves as a  moment of reflection for me, and as I look back on 2025, one theme stands out in both markets and ...

Third Quarter 2025 Commentary & Outlook

Third Quarter 2025 Commentary & Outlook Dear Clients, I hope this letter finds you well. To many people’s dismay, Summer has officially come to an end. Toothers, like me, the best time of the year has just begun. I have nothing against the Summer, but I wouldbe...

Second Quarter 2025 Commentary & Outlook

Second Quarter 2025 Commentary & Outlook Dear Clients, I hope this letter finds you well, and that your summer is going well. First, for those who don’t know me, this is Alec Campbell. I know that you are used to hearing from Zandy each quarter, but as our company...

Q1 2025 Client Letter & Market Commentary

Q1 2025 Client Letter & Market Commentary Dear Clients, At A.G. Campbell Advisory, we understand and empathize with the anxiety many of our clients are feeling in today’s market. Behavioral finance shows that discomfort often drives impulsive, emotionally driven...