Home Market Outlook Today's Market Summary The S&P 500 hit its 15th all-time high this year, yet macro and geopolitical risks are mounting beneath the surface. Persistent war in the Middle East is fueling oil supply shortages, driving up costs and inflation expectations, with no quick resolution in sight. Corporate profits, led by AI-driven tech giants, are robust, but market breadth is narrowing and consumer confidence is at record lows. I advocate gradual de-risking and tactical portfolio management as inflation, energy shocks, and sentiment extremes threaten the current rally. This idea was discussed in more depth with members of my private investing community, The Portfolio Architect.…