Weekly Market Recap – April 6, 2026

The onset of the U.S./Iran conflict led to a very challenging month for both stocks and bonds. Fears over higher near term inflation stemming from increased energy prices have sent equity markets lower and yields higher. The 60/40 portfolio’s 3.7% decline in March was its second-worst month on a total return basis since September 2022, when inflation was above 8%. In fact, out of the 22 trading days in March, stocks and bonds moved in the same direction 18 times, with 12 of those being negative.