Glacier Advisors of Raymond James

07/16/2026

The S&P 500 is essentially trading near the same price it was in late May, but plenty is transpiring beneath the surface.

Read more in the Weekly Market Guide.

07/09/2026

Market consolidation continues, but there are positive signals under the surface. Looking ahead, investors will be focused on two key catalysts: second-quarter earnings season and renewed geopolitical tensions in the Middle East.

Read more here.

amazonaws.com

07/06/2026

If you're looking at trump accounts for your kids, this note we put out to clients is 100% worth reading:

Trump Accounts Launched Today — But They May Not Be the Best Savings Vehicle for Every Child

Trump Accounts officially launched today and will provide eligible children with a $1,000 government-funded contribution. For many families, claiming the free $1,000 may be worth considering. However, it is important to understand how Trump Accounts compare to other tax-advantaged savings options.

Like Roth IRAs and 529 plans, contributions to Trump Accounts are made with after-tax dollars, meaning the money has already been taxed before it is invested.
The major difference is how withdrawals are taxed:

Roth IRA:
- Contributions are made with after-tax dollars.
- Investment growth accumulates tax-free.
- Qualified withdrawals are COMPLETELY TAX FREE.

529 Plan:
- Contributions are made with after-tax dollars.
- Investment growth accumulates tax-free.
- Qualified withdrawals for education expenses are tax-free.
- Unused amounts may be converted to a Roth IRA subject to IRS Limits

Trump Account:
- Contributions are made with after-tax dollars.
- Investment growth is tax-deferred.
- Withdrawals are generally taxed as ordinary income under traditional IRA rules.

Why This Matters

If two accounts earn the same investment return over many years, the account with tax-free withdrawals can leave significantly more money in your child's pocket than an account whose earnings are taxed upon withdrawal.

For that reason, families may want to carefully evaluate whether a Trump Account, a Roth IRA, a 529 plan, or a combination of accounts is the most appropriate strategy for their goals.

Bottom line: The free $1,000 government contribution may make a Trump Account attractive, but the account's taxable withdrawals can be a meaningful disadvantage compared with the tax-free withdrawal treatment available through Roth IRAs and qualified 529 plan distributions.

07/02/2026

The S&P 500 finished Q2 up +14.9% (+9.6% year-to-date), which was one of the strongest quarters historically.

Read more in the Weekly Market Guide.

amazonaws.com

07/02/2026

250 years in the making. Wishing you a happy and memorable Fourth of July.

06/25/2026

Volatility and market rotation continued, with the S&P 500 taking a breather and consolidating near its 50-DMA. Avoiding a rollover from this area is important for preserving the market's upside trajectory.

Read more in the Weekly Market Guide.

amazonaws.com

06/18/2026

The S&P 500 has shaken off a bit of volatility over the past week, bouncing near June 2nd highs after a -5% 6-day pullback.

Read more in the Weekly Market Guide.

GCM_Weekly_Market_Guide.pdf

06/11/2026

The one-dimensional market since the March lows is finally taking a breather: U.S. equities are digesting recent gains following a strong run, the S&P 500 up roughly 20% and semiconductors also in just a few months.

Read more in the Weekly Market Guide.

amazonaws.com

06/04/2026

The current stretch of 9 consecutive positive weeks is one of the longest historically. Since 1980, there have only been a handful of 8+ consecutive weekly gains.

Read more in the Weekly Market Guide.

amazonaws.com