October Market Update

Despite government shutdown concerns and trade tensions, markets continued to show strength in October, with the S&P 500 reaching 36 new all-time highs this year. While volatility spiked at times, markets quickly recovered—reinforcing the importance of staying invested and focused on long-term goals. The Social Security COLA for 2026 will rise 2.8%, though many retirees may still feel cost pressures, underscoring the need for diversified portfolios that balance growth and income.

Meet the author

Tyler Rudek

Tyler Rudek, CFA® joined Boyum Wealth Architects in 2015. As Chief Investment Officer, Tyler has been instrumental in honing the investment process at HWA. He is responsible for investment research and education, asset allocation, performance reporting, trading and rebalancing. Prior to working at Boyum Wealth Architects, Tyler held positions at several prominent financial firms within the industry. At Boyum, he takes care to align client capacity and willingness for investment risk with his or her long-term investment goals.

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