Cornerstone Asset Management Services, Inc.

10/22/2026

Are the C's beginning to offer a new economic message? -

Strewn throughout many editions over the years, we have offered that the bond market is the smartest market. When that market chirps additional messaging, it is often wise to heed its message, or at a minimum, to at least be aware of its newfound behavior.

10/07/2026

If we take a step back from the daily noise and look at the decades-long chart, a notable message emerges: the 10-year Treasury yield is again posting higher highs—often the market’s plain-spoken definition of an uptrend. In our view, this continues to confirm a (new) interest rate megatrend.
Read the full commentary (charts included): https://mailchi.mp/cornerstoneassetmgmt.com/continued-confirmation-of-the-new-interest-rate-megatrend

09/24/2026

We’ve been living through a “That 70s Show” economic backdrop: rising commodity prices, rising interest rates, and persistent inflation pressure on households. The CRB Index—covering everything from metals to food to energy—has traced a pattern that closely rhymes with the 1970s: surge, reprieve (not a decline), then a second launch higher. Read the full analysis (chart included): https://mailchi.mp/cornerstoneassetmgmt.com/that-70s-show

09/10/2026

The Fed is stepping away from “forward guidance.” Chair Kevin Warsh’s message is clear: markets should price incoming data, and the Fed should learn from market prices—not the other way around. If you’ve grown used to the Fed “telling the story” ahead of time, this is a meaningful change (and it may come with more rate volatility). Read the full note: -

The summer of 2026 is proving to be quite interesting relative to the Federal Reserve and the U.S. Treasury department. The downstream implications for markets and their participants will certainly be interesting in light of the opposing messaging radiating from these two entities.

08/27/2026

Officials are using multiple “tools” to steady long-term Treasury yields (buybacks, yen support, Fed facilities). Yet the move in yields has been marginal—markets look unimpressed. -

Things are getting serious with Treasury securities and their interest rate levels as reflected by recent actions and rhetoric from the Secretary of the Treasury, to include the monetary authorities over at the Federal Reserve.

07/30/2026

Are Bonds Signaling Economic Change?
As the "smartest market," bonds often provide an early indicator across financial landscapes. A new analysis suggests the investment grade corporate bond market is showing quiet concerns. This isn't explicit evidence of trouble, but a subtle change from past behavior could matter for stock market investors. Discover what these bond 'chirps' might herald for the broader economy.
Read more here: [Read full post - https://mailchi.mp/cornerstoneassetmgmt.com/distress-in-part-of-the-corporate-bond-market-has-our-attention]

06/16/2026

We assess each client’s situation, design a portfolio to match clear growth and income targets, then adjust tactically over time. Recently we built a customized plan for a Cleveland-area client that balanced steady income with measured growth. Our boutique size lets us act quickly and manage conservatively for predictable outcomes. If you’re in Broadview Heights, Brecksville or nearby and want clarity in your portfolio, visit https://wix.to/D8E6MlW to learn more.

05/14/2026

The Stock Market Has Quickly Reverted Back to its Post-2022 Behavior - https://mailchi.mp/cornerstoneassetmgmt.com/the-stock-market-has-quickly-reverted-back-to-its-post-2022-behavior

04/22/2026

Through all the Uncertainty, Dow Theory has hung in There - https://mailchi.mp/cornerstoneassetmgmt.com/through-all-the-uncertainty-dow-theory-has-hung-in-there

04/02/2026

Despite prevailing narratives of resolved inflation, data tells a different story.

Our analysis delves into the core Personal Consumption Expenditure (PCE) index, uncovering persistent inflation beyond the narratives. As we dissect the Federal Reserve's favored measure, it’s crucial to acknowledge that inflation trends are far from over, posing challenges to investment strategies and wealth maximization. Explore data and implications in our latest market analysis.

Read more: https://mailchi.mp/cornerstoneassetmgmt.com/through-all-the-uncertainty-this-remains-the-same