NEWSLETTERS

One of the most talked-about IPOs of 2026 isn't a tech company or an AI play — it's Enhanced Group Inc. (NYSE: ENHA), the company behind the Enhanced Games, a sports competition that openly permits performance-enhancing drugs under medical supervision. The inaugural event just took place on May 24 in Las Vegas. The stock has been a wild ride. Here's the full investor breakdown. What Is Enhanced Group? Enhanced Group is a sports entertainment and performance products company b

Inflation is back. After a brief period where it seemed like the battle was won, April CPI printed at its highest level since 2023 and PPI surged to its largest gain since 2022. Markets have responded by completely repricing the Fed outlook — from multiple rate cuts to a potential rate hike before year-end. This edition explains what's driving the comeback, what it means for your portfolio, and how to adjust. What's Driving Inflation Higher Again Three forces are pushing infl

The US-Iran conflict has become the dominant macro theme of the past several weeks, driving oil to multi-year highs and complicating the Federal Reserve's policy calculus. For investors, geopolitical risk is one of the hardest variables to model — but there are frameworks for navigating it without making emotional, reactionary decisions. This edition breaks it down. Why Geopolitical Risk Is Different From Economic Risk Economic risks — recessions, rate changes, earnings slowd

A well-maintained watchlist is one of the most valuable tools an investor can have. It's not a list of stocks you want to buy today — it's a curated database of businesses you understand well, priced below levels where you'd be comfortable owning them. When markets sell off and the headlines are terrible, your watchlist tells you exactly where to deploy capital while everyone else is paralyzed by fear. Here's how to build one properly. The Purpose of a Watchlist A watchlist s

Summer is approaching and with it comes a seasonal shift in market dynamics that every investor should be aware of. Lower trading volumes, a traditional slowdown in deal activity, and the famous "sell in May" narrative create a unique environment. Here's how to think about your portfolio positioning heading into the summer months of 2026. What Summer Markets Actually Look Like Summer markets are characterized by lower institutional participation as portfolio managers take vac

We're now two weeks into May and the macro landscape has shifted materially from where we were just three weeks ago. The trade truce has reset sentiment, earnings season is wrapping up with broadly constructive results, and the Fed is navigating a complex backdrop. Here's Peakfolio's mid-May market read and what it means for your portfolio heading into the back half of the month. The Sentiment Reset The AAII Sentiment Survey and other investor sentiment indicators have shifte

Last week's US-China 90-day trade truce sent markets surging in their best weekly performance in months. But the real question isn't what already happened — it's what comes next, and how to position for it intelligently. This edition breaks down the opportunities the truce has created and how Peakfolio members should be thinking about them. What the Truce Actually Changes The 90-day truce reduces tariff rates on both sides substantially while negotiations continue. This doesn

April is ending on a constructive note after a brutal few weeks. As we flip the calendar to May, this edition lays out what investors should be watching, what risks remain on the table, and how to think about portfolio positioning heading into what could be a pivotal month for markets. Where We Stand Coming Out of April April 2026 will be remembered as one of the more volatile months in recent market history. The month opened with a severe tariff-driven selloff that sent majo

Markets rallied hard last week on signs of trade dialogue between the US and its major trading partners. Before you get too excited — or too skeptical — this edition breaks down what a potential trade deal actually means for markets, what to watch for, and how to position intelligently regardless of the outcome. What Markets Are Actually Pricing In Last week's rally reflected a reduction in the worst-case scenario — not a resolution of the trade dispute. Markets moved from pr

Markets are rational in the long run. However, in the short run, they're driven almost entirely by human psychology — fear, greed, overconfidence, and herd behavior. Understanding the behavioral biases that distort investor decision-making is one of the most practical edges I can develop. This edition covers the five biases that cost investors the most money. 1. Loss Aversion Research consistently shows that the pain of losing $100 feels roughly twice as powerful as the pleas

Q1 2026 earnings season is now underway — and it couldn't come at a more consequential time. With tariff uncertainty, recession fears, and a volatile macro backdrop, what companies say about their forward outlook will matter more than the actual numbers they report. This edition is your guide to what to watch and how to interpret what you hear. Why Guidance Matters More Than Results This Quarter Q1 results will largely reflect a world before the most severe tariff announcemen

Most investors spend 95% of their time thinking about stocks. But bonds and fixed income deserve a seat at the table — especially in the current environment. This edition breaks down what bonds actually are, how they behave, and why every investor should understand them regardless of whether they own any. Bonds 101: What You're Actually Buying When you buy a bond, you're lending money to a government or corporation in exchange for regular interest payments (the coupon) and th

Tax-loss harvesting is one of the most underused tools in an investor's arsenal. It doesn't require market timing, special access, or complex strategies — just awareness and discipline. Used correctly, it can meaningfully improve your after-tax returns every single year, regardless of how the market performs. What Is Tax-Loss Harvesting? Tax-loss harvesting means selling investments that are currently at a loss to realize that loss for tax purposes, then reinvesting the proce

Earnings season is officially here — and this week is one of the most packed stretches of the quarter. Companies across technology, finance, and consumer sectors are reporting, economic data is dropping daily, and the Fed could shape market expectations with every public appearance. Here’s what every Peakfolio member should have on their radar this week. What’s Reporting This Week Technology leads the lineup. Any guidance tied to AI infrastructure spending, cloud growth, or s

We talk a lot about what to buy. This edition is about what not to do — the behavioral mistakes that destroy more investor wealth than bad stock picks ever will. If you can avoid these five traps, you'll be ahead of the vast majority of retail investors. 1. Panic Selling at Market Bottoms The single most wealth-destroying behavior in investing. Selling during a major drawdown locks in losses and almost always results in missing the recovery. Markets have recovered from every

One of the most common questions we get from Peakfolio members: "How do I actually know if my portfolio is performing well?" The answer isn't as simple as checking whether your account balance went up. This edition walks you through how to think about portfolio performance honestly and rigorously. Benchmark Against the Right Index Your first step is choosing the right benchmark. If your portfolio is predominantly US large-cap equities, compare it to the S&P 500. If it include

Earnings season is one of the most important recurring events in the investing calendar — and one of the most misunderstood. Most investors watch the headlines but miss the signals that actually matter. This edition is your practical guide to getting the most out of earnings season. Why Earnings Season Matters Four times a year, public companies report their financial results for the prior quarter. These reports are the primary mechanism through which the market reprices stoc

When markets get choppy and growth stocks sell off, one sector quietly holds its ground and keeps paying dividends: consumer staples. This edition makes the case for why this "boring" sector deserves a meaningful place in every investor's portfolio — especially right now. What Makes Consumer Staples Defensive Consumer staples companies sell products people buy regardless of economic conditions — food, beverages, household products, and personal care items. Procter & Gamble, C

Gold has surged in 2026 as investors grapple with trade war uncertainty, dollar weakness concerns, and recession risk. Whether you already own gold or have been skeptical of it, this edition explains what's driving the move, whether it's justified, and how to think about it in your portfolio. Why Gold Is Rallying Gold thrives in environments of high uncertainty, currency debasement fears, and negative real interest rates. The current combination of geopolitical tension, trade

Diversification is one of the few free lunches in investing — the ability to reduce risk without necessarily sacrificing return. But true diversification is more nuanced than simply owning a lot of stocks. This edition breaks down what it actually means to build a genuinely diversified portfolio in 2026. Why Most "Diversified" Portfolios Aren't Owning 20 tech stocks isn't diversification — it's concentration. True diversification means spreading risk across assets that don't