Vegh Wealth Management

07/17/2026

The key to healthcare in retirement might be a patchwork of different choices.

What is your plan for health care during retirement?

07/16/2026

07/15/2026

AI’s Next Act: From Buildout to Monetization

LPL Research discusses how the next phase of AI may be defined by ex*****on, productivity gains, and profits, not by spending.

LPL Research discusses how the next phase of AI may be defined by ex*****on, productivity gains, and profits, not by spending.

07/14/2026

Market Signals Podcast:
Midyear Outlook 2026: Stocks, Bonds & Economy Themes

In this special edition of Market Signals, LPL strategists share highlights from LPL Research’s Midyear Outlook 2026 publication released on July 7. They share key themes for stocks, bonds, and the economy that LPL Research believes will be determining factors of second half returns.

LPL strategists share key themes for stocks, bonds, and the economy from the Midyear Outlook 2026 that may drive second half returns.

07/14/2026

Weekly Market Commentary:
Keep Calm and Clip Coupons

Coming into 2026, we expected inflation to move closer to the Federal Reserve’s (Fed) 2% target, the Fed to cut rates by roughly 75 basis points (bps), and Treasury yields to drift lower. Instead, the first half delivered three stress tests in rapid succession: a leadership change at the Fed, a geopolitical shock that sent oil prices and yields surging, and an AI buildout that is having a measurable impact on the corporate bond market — with the Fed leadership transition among one of our key themes for the balance of the year. While these tests are likely to linger throughout the rest of 2026, starting yields are still comfortably above their long-term averages. At current yields, carry alone offers a meaningful cushion, allowing bond investors to keep calm, collect coupons, and carry on. Here, we discuss the fixed income market landscape and our expectations for the second half, as covered in our Midyear Outlook 2026: Policy, Buildouts, & Bottlenecks.

LPL Research reviews the fixed income landscape for H2 2026, covering sticky inflation, the Fed leadership transition, and AI's impact on corporate bonds.

07/13/2026

Econ Market Minute Video: Widening Global Economic Divergence Explained

LPL’s Chief Economist, Dr. Jeffrey Roach, shares actionable insights on the global economy, underlying trends in the job market, and what the data tell us about the direction for inflation.

Dr. Jeffrey Roach identifies why the U.S. may outperform globally, what labor force data signals, and where inflation is headed.

07/13/2026

Weekly Market Performance — July 10, 2026

Markets showed some resilience over the last five days, with U.S. equities advancing despite geopolitical tensions in the Middle East. A bounce in the momentum trade and big tech stocks supported gains, while investors largely looked past renewed U.S.-Iran tensions even as talks continued. International markets were more mixed, with Europe retreating from record highs amid inflation and geopolitical concerns, while Asian markets ended mixed. In fixed income markets, this week’s slate of Treasury auctions was well-received while commodities were led higher by crude prices following the ramp in kinetic action in the Middle East.

LPL's Weekly Market Performance for the week of July 6, 2026, highlights geopolitical developments, corporate earnings and headlines, and Treasury auctions.

07/11/2026

REPORT: Prepare for Fireworks - IPOs in 2026

KEY TAKEAWAYS
• The 2026 IPO calendar could be unusually consequential
A deep pipeline of mature private companies may bring large listings that influence indexes, passive flows, and the AI narrative.
• Market structure may amplify volatility
Large deals, low floats, passive ownership, and faster index inclusion could make new listings matter more quickly.
• IPO history argues for patience
In a macro analysis, LPL Research found average one-year returns were positive, but median returns were negative, with first-year drawdowns often steep.
• Discipline remains the key framework
Analysts should focus on business quality, profitability, valuation, float, lockups, governance, and position sizing.
• IPO planning can have meaningful tax implications
Pre-IPO estate, income tax, and charitable planning may help manage concentrated wealth, future appreciation potential, liquidity events, and after-tax outcomes.

Link to full report can be found here:

https://www.lpl.com/content/dam/edam/research/publications/beyond-the-numbers/beyond-the-numbers-ipo.pdf

07/10/2026

What’s Next for a Coiled-Up Dollar?

The dollar holds a central place in global markets due to its role as the world’s reserve currency. Its movements influence cross-asset correlations, shape liquidity conditions, and often offer early indications of shifts in the broader macro regime. In short, it is a critical variable that warrants close attention.

Over the past 11 months, the U.S. Dollar Index (DXY) has traded within a relatively tight five percent range, a notable period of consolidation. More importantly, there are now early signs of a breakout, with price action beginning to push higher and move beyond the confines of the recent range. Equally significant is that throughout the recent period of consolidation, the dollar repeatedly threatened to break the secular uptrend that has been in place since 2011, and despite numerous attempts to move lower, the dollar never really cracked.

From a technical standpoint, this current setup is constructive. Breakouts from extended consolidations often see meaningful follow through, particularly when they emerge from a backdrop of compressed volatility. And as highlighted in the Dollar Index chart, foreign exchange (FX) volatility has been notably subdued recently with several measures of currency volatility reaching near four-year lows. Given the mean reverting nature of volatility, that kind of compression often behaves like a coiled spring, and when it releases, the resulting moves are often both sharp and persistent.

LPL Research discusses what the U.S. dollar’s next move could be after showing signs of a breakout from its 10-month range.

07/10/2026

What every parent needs to know about insuring his or her teen driver.

Tips on insuring your teen driver.