video1.0<iframe src="https://www.loom.com/embed/a7eefe5ae912415bbface797028bf881" frameborder="0" width="1920" height="1440" webkitallowfullscreen mozallowfullscreen allowfullscreen></iframe>14401920Loomhttps://www.loom.com14401920https://cdn.loom.com/sessions/thumbnails/a7eefe5ae912415bbface797028bf881-6faf609de2774396-full.jpg563.633333This Loom reviews the second quarter economic outlook for April through June 2026, focusing on how markets advanced despite persistent uncertainty. The speaker notes the S&P 500 rose 14.4% to close at 7,499 and the Dow gained about 12.8% to close at 52,319, even as inflation and geopolitics drove volatility. Core CPI increased 2.9% year over year, with food up 3.1% and shelter up 3.4%, and the Fed revised its 2026 PCE price index forecast from 2.7 in March to 3.6 in June. The Fed kept the benchmark federal rates at 3.5 to 3.75 through all four meetings in the first half of 2026, with a rate cut for 2026 appearing increasingly unlikely as yields stayed elevated, including a 10-year Treasury yield of 4.44% at quarter end.