Economic and Market Review June 2026

Inflation has peaked for this cycle. The four-and-a-quarter percent year-over-year CPI reading for May looks like the high, and the rate should decline from here and into next year, heading toward roughly three and a half percent. That is still above the Fed's stated goal of 2%, or the “under 3%” the new chairman has signaled, but it is an improvement on where inflation ran after the Iranian war and the oil spike.

Is Your Portfolio and Retirement Safe from the Devasting Damage of Inflation?

Investors need to be aware that inflation damage compounds over time. We have undergone a secular change, and inflation will continue to move up over the medium term.