06/23/2026
A Fragile Peace, A Firmer Fed, and a Market Near Record Highs
Get our full analysis → https://www.fortemfin.com/perspectives/war-mou-needs-work-fed-sends-yellow-light/
A U.S.-Iran ceasefire has reopened the Strait of Hormuz and powered equities to new highs, but with the Fed dropping its easing bias and Chair Warsh laser-focused on 2% inflation, the path ahead may be far from straightforward.
Markets rally on the U.S.-Iran ceasefire as the Fed turns hawkish. With good news already priced in, here's what investors should watch next.