06/06/2026
Markets had a rough day on Friday!
The S&P 500 dropped 2.6%. The Nasdaq fell 4.2%. Semiconductor stocks took the brunt of it — Nvidia, Broadcom, Marvell, and others sold off hard after a period of extraordinary gains.
We want to be direct with our clients and community: days like this are uncomfortable. They are also normal.
Here is what we know:
✅ The S&P 500 is still up nearly 8% for the year.
✅ This was the first losing week in the last 10 — markets had been on a historic run.
✅ The sell-off was concentrated in semiconductors and AI-related tech — a correction in one of the most richly valued corners of the market.
✅ The U.S. economy added 172,000 jobs in May — nearly double expectations. That is not a recession signal.
✅ The Federal Reserve is not expected to change interest rates at its June 16–17 meeting.
Volatility is not a flaw in the market. It is a feature. It is the price investors pay for long-term returns that no savings account will ever match.
At Poise Investment Advisors, our job is not to predict every pullback. Our job is to build portfolios that are positioned to weather them — with the right asset allocation, the right liquidity, and the discipline to stay the course when it matters most.
If you have questions about your portfolio, your investment strategy, or what this means for your organization's assets — our door is open.
Stay the course. Trust the process.
— The Poise Investment Advisors Team
