{"id":54413,"date":"2026-09-08T12:44:25","date_gmt":"2026-09-08T10:44:25","guid":{"rendered":"https:\/\/telomere.ch\/?p=54413"},"modified":"2026-09-08T12:44:25","modified_gmt":"2026-09-08T10:44:25","slug":"market-update-september-2026","status":"publish","type":"post","link":"https:\/\/telomere.ch\/en\/market-update-september-2026\/","title":{"rendered":"Market Update &#8211; September 2026"},"content":{"rendered":"<p>[et_pb_section fb_built=&#8221;1&#8243; _builder_version=&#8221;4.16&#8243; custom_margin=&#8221;||-9px|||&#8221; custom_padding=&#8221;8px||2px|||&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_row _builder_version=&#8221;4.27.5&#8243; _module_preset=&#8221;default&#8221; custom_padding=&#8221;3px||3px|||&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;4.27.5&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_image src=&#8221;https:\/\/telomere.ch\/wp-content\/uploads\/2026\/09\/Market_Update_SEPT_ANG_1600_1000.jpg&#8221; title_text=&#8221;Market_Update_SEPT_ANG_1600_1000&#8243; url=&#8221;https:\/\/telomere.ch\/wp-content\/uploads\/2026\/09\/Market-Update-September-26.pdf&#8221; url_new_window=&#8221;on&#8221; _builder_version=&#8221;4.27.8&#8243; _module_preset=&#8221;default&#8221; hover_enabled=&#8221;0&#8243; global_colors_info=&#8221;{}&#8221; sticky_enabled=&#8221;0&#8243;][\/et_pb_image][\/et_pb_column][\/et_pb_row][et_pb_row _builder_version=&#8221;4.27.2&#8243; background_size=&#8221;initial&#8221; background_position=&#8221;top_left&#8221; background_repeat=&#8221;repeat&#8221; min_height=&#8221;567.2px&#8221; custom_margin=&#8221;-4px|auto|-4px|auto|true|false&#8221; custom_margin_tablet=&#8221;-4px|auto|-4px|auto|true|false&#8221; custom_margin_phone=&#8221;-4px|auto|-4px|auto|true|false&#8221; custom_margin_last_edited=&#8221;on|desktop&#8221; custom_padding=&#8221;5px|0px|27px|0px|false|false&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;4.16&#8243; custom_padding=&#8221;|||&#8221; global_colors_info=&#8221;{}&#8221; custom_padding__hover=&#8221;|||&#8221;][et_pb_text _builder_version=&#8221;4.27.0&#8243; text_font=&#8221;Roboto|300|||||||&#8221; text_text_color=&#8221;#6F757D&#8221; text_font_size=&#8221;59px&#8221; text_line_height=&#8221;1em&#8221; header_font=&#8221;|700|||||||&#8221; header_font_size=&#8221;58px&#8221; header_line_height=&#8221;1.1em&#8221; background_size=&#8221;initial&#8221; background_position=&#8221;top_left&#8221; background_repeat=&#8221;repeat&#8221; min_height=&#8221;48px&#8221; custom_margin=&#8221;-4px||2px||false|false&#8221; custom_padding=&#8221;20px||15px|||&#8221; custom_padding_tablet=&#8221;13px|0px|0px|0px|false|false&#8221; text_font_size_tablet=&#8221;45px&#8221; text_font_size_phone=&#8221;35px&#8221; text_font_size_last_edited=&#8221;on|phone&#8221; header_font_size_tablet=&#8221;57px&#8221; header_font_size_phone=&#8221;36px&#8221; header_font_size_last_edited=&#8221;on|desktop&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<p>Editorial<\/p>\n<p>[\/et_pb_text][et_pb_text content_last_edited=&#8221;off|desktop&#8221; _builder_version=&#8221;4.27.8&#8243; text_font=&#8221;|300|||||||&#8221; text_text_color=&#8221;#6F757D&#8221; text_font_size=&#8221;21px&#8221; text_line_height=&#8221;1.4em&#8221; background_size=&#8221;initial&#8221; background_position=&#8221;top_left&#8221; background_repeat=&#8221;repeat&#8221; text_orientation=&#8221;justified&#8221; min_height=&#8221;377.2px&#8221; custom_margin=&#8221;||16px|||&#8221; custom_padding=&#8221;||0px|||&#8221; text_orientation_tablet=&#8221;justified&#8221; text_orientation_phone=&#8221;left&#8221; text_orientation_last_edited=&#8221;on|phone&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<p>August was a month of loud headlines and quiet markets. The Strait of Hormuz stayed at the center of the global risk equation, Brent held near USD 92, and the Fed, the ECB and the BoJ all maintained their positions. Yet equities ground higher, credit barely moved, and volatility stayed contained. Anyone reading the front page of a newspaper and then looking at a stock price screen would have found it hard to reconcile the two.<\/p>\n<p>The gap between the two is largely explained by profits. Company results have been strong enough to carry the market on their own, which changes how the current valuation debate should be read.<\/p>\n<p>Two things did move amid the calm. Gold and long-dated US yields rose together, an unusual pairing that says something about confidence in the borrower rather than the growth outlook. Expectations for interest rates have flipped from cuts to hikes on both sides of the Atlantic, which brings the question of where this inflation is actually coming from back to the center of the discussion.<\/p>\n<p>We hope you enjoy the read.<\/p>\n<p>[\/et_pb_text][\/et_pb_column][\/et_pb_row][et_pb_row column_structure=&#8221;1_3,1_3,1_3&#8243; _builder_version=&#8221;4.27.2&#8243; _module_preset=&#8221;default&#8221; transform_scale_tablet=&#8221;&#8221; transform_scale_phone=&#8221;&#8221; transform_scale_last_edited=&#8221;on|phone&#8221; transform_translate_tablet=&#8221;&#8221; transform_translate_phone=&#8221;-71px|0px&#8221; transform_translate_last_edited=&#8221;on|desktop&#8221; transform_rotate_tablet=&#8221;&#8221; transform_rotate_phone=&#8221;&#8221; transform_rotate_last_edited=&#8221;on|phone&#8221; transform_skew_tablet=&#8221;&#8221; transform_skew_phone=&#8221;&#8221; transform_skew_last_edited=&#8221;on|phone&#8221; transform_origin_tablet=&#8221;&#8221; transform_origin_phone=&#8221;&#8221; transform_origin_last_edited=&#8221;on|phone&#8221; transform_styles_last_edited=&#8221;on|desktop&#8221; position_origin_a_tablet=&#8221;&#8221; position_origin_a_phone=&#8221;&#8221; position_origin_a_last_edited=&#8221;on|tablet&#8221; position_origin_f_tablet=&#8221;&#8221; position_origin_f_phone=&#8221;&#8221; position_origin_f_last_edited=&#8221;on|tablet&#8221; position_origin_r_tablet=&#8221;top_left&#8221; position_origin_r_phone=&#8221;top_left&#8221; position_origin_r_last_edited=&#8221;on|tablet&#8221; min_height=&#8221;307.5px&#8221; custom_margin=&#8221;0px|0px|4px|0px|false|false&#8221; custom_margin_tablet=&#8221;0px|0px|0px|0px|false|false&#8221; custom_margin_phone=&#8221;22px|0px|0px|0px|false|false&#8221; custom_margin_last_edited=&#8221;on|phone&#8221; custom_padding=&#8221;0px|0px|0px|0px|false|false&#8221; transform_styles_tablet=&#8221;&#8221; transform_styles_phone=&#8221;&#8221; positioning_tablet=&#8221;&#8221; positioning_phone=&#8221;&#8221; positioning_last_edited=&#8221;on|tablet&#8221; locked=&#8221;off&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_column type=&#8221;1_3&#8243; _builder_version=&#8221;4.27.0&#8243; _module_preset=&#8221;default&#8221; link_option_url_new_window=&#8221;on&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_button button_url=&#8221;https:\/\/telomere.ch\/wp-content\/uploads\/2026\/09\/Market-Update-September-26.pdf&#8221; url_new_window=&#8221;on&#8221; button_text=&#8221;Access Document&#8221; button_alignment=&#8221;center&#8221; _builder_version=&#8221;4.27.8&#8243; _module_preset=&#8221;default&#8221; custom_button=&#8221;on&#8221; button_text_size=&#8221;16px&#8221; button_text_color=&#8221;#2D3654&#8243; button_border_width=&#8221;2px&#8221; button_border_color=&#8221;#628CE0&#8243; button_letter_spacing=&#8221;3px&#8221; button_font=&#8221;Inter|||on|||||&#8221; button_icon=&#8221;&#x4c;||divi||400&#8243; button_icon_color=&#8221;#FFFFFF&#8221; custom_margin=&#8221;||21px|||&#8221; hover_enabled=&#8221;0&#8243; global_colors_info=&#8221;{}&#8221; sticky_enabled=&#8221;0&#8243;][\/et_pb_button][\/et_pb_column][et_pb_column type=&#8221;1_3&#8243; _builder_version=&#8221;4.27.2&#8243; _module_preset=&#8221;default&#8221; transform_scale_tablet=&#8221;&#8221; transform_scale_phone=&#8221;&#8221; transform_scale_last_edited=&#8221;on|tablet&#8221; transform_translate=&#8221;86px|0px&#8221; transform_translate_tablet=&#8221;-270px|-26px&#8221; transform_translate_phone=&#8221;-270px|-26px&#8221; transform_translate_last_edited=&#8221;on|tablet&#8221; transform_rotate_tablet=&#8221;&#8221; transform_rotate_phone=&#8221;&#8221; transform_rotate_last_edited=&#8221;on|tablet&#8221; transform_skew_tablet=&#8221;&#8221; transform_skew_phone=&#8221;&#8221; transform_skew_last_edited=&#8221;on|tablet&#8221; transform_origin_tablet=&#8221;&#8221; transform_origin_phone=&#8221;&#8221; transform_origin_last_edited=&#8221;on|tablet&#8221; transform_styles_last_edited=&#8221;on|tablet&#8221; custom_padding=&#8221;0px|0px|0px|0px|false|false&#8221; custom_padding_tablet=&#8221;|0px||0px|false|false&#8221; custom_padding_phone=&#8221;|0px||0px|false|false&#8221; custom_padding_last_edited=&#8221;on|tablet&#8221; transform_styles_tablet=&#8221;&#8221; transform_styles_phone=&#8221;&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_image src=&#8221;https:\/\/telomere.ch\/wp-content\/uploads\/2024\/10\/Joan-Burgy.jpg&#8221; title_text=&#8221;Joan Bu\u0308rgy&#8221; align=&#8221;center&#8221; src_tablet=&#8221;https:\/\/telomere.ch\/wp-content\/uploads\/2024\/10\/Joan-Burgy.jpg&#8221; src_phone=&#8221;https:\/\/telomere.ch\/wp-content\/uploads\/2024\/10\/Joan-Burgy.jpg&#8221; src_last_edited=&#8221;on|tablet&#8221; show_bottom_space_last_edited=&#8221;off|phone&#8221; align_tablet=&#8221;right&#8221; align_phone=&#8221;center&#8221; align_last_edited=&#8221;on|tablet&#8221; _builder_version=&#8221;4.27.2&#8243; _module_preset=&#8221;default&#8221; transform_scale_tablet=&#8221;&#8221; transform_scale_phone=&#8221;&#8221; transform_scale_last_edited=&#8221;on|tablet&#8221; transform_translate_tablet=&#8221;220px|0px&#8221; transform_translate_phone=&#8221;220px|0px&#8221; transform_translate_last_edited=&#8221;on|tablet&#8221; transform_rotate_tablet=&#8221;&#8221; transform_rotate_phone=&#8221;&#8221; transform_rotate_last_edited=&#8221;on|tablet&#8221; transform_skew_tablet=&#8221;&#8221; transform_skew_phone=&#8221;&#8221; transform_skew_last_edited=&#8221;on|tablet&#8221; transform_origin_tablet=&#8221;&#8221; transform_origin_phone=&#8221;&#8221; transform_origin_last_edited=&#8221;on|tablet&#8221; transform_styles_last_edited=&#8221;on|tablet&#8221; width=&#8221;100%&#8221; width_tablet=&#8221;100%&#8221; width_phone=&#8221;100%&#8221; width_last_edited=&#8221;on|phone&#8221; max_width=&#8221;64%&#8221; max_width_tablet=&#8221;33%&#8221; max_width_phone=&#8221;60%&#8221; max_width_last_edited=&#8221;on|tablet&#8221; module_alignment=&#8221;right&#8221; custom_margin_tablet=&#8221;0px|0px|0px|0px|false|false&#8221; custom_margin_phone=&#8221;0px|0px|0px|0px|false|false&#8221; custom_margin_last_edited=&#8221;on|phone&#8221; custom_padding_tablet=&#8221;|0px|||false|false&#8221; custom_padding_phone=&#8221;0px|0px|0px|0px|false|false&#8221; custom_padding_last_edited=&#8221;on|tablet&#8221; transform_styles_tablet=&#8221;&#8221; transform_styles_phone=&#8221;&#8221; global_colors_info=&#8221;{}&#8221;][\/et_pb_image][et_pb_text _builder_version=&#8221;4.27.2&#8243; _module_preset=&#8221;default&#8221; text_font_size=&#8221;16px&#8221; text_line_height=&#8221;0.5em&#8221; header_4_text_color=&#8221;#2D3654&#8243; transform_scale_tablet=&#8221;&#8221; transform_scale_phone=&#8221;&#8221; transform_scale_last_edited=&#8221;on|desktop&#8221; transform_translate=&#8221;153px|-4px&#8221; transform_translate_tablet=&#8221;630px|0px&#8221; transform_translate_phone=&#8221;358px|0px&#8221; transform_translate_last_edited=&#8221;on|phone&#8221; transform_rotate_tablet=&#8221;&#8221; transform_rotate_phone=&#8221;&#8221; transform_rotate_last_edited=&#8221;on|desktop&#8221; transform_skew_tablet=&#8221;&#8221; transform_skew_phone=&#8221;&#8221; transform_skew_last_edited=&#8221;on|desktop&#8221; transform_origin_tablet=&#8221;&#8221; transform_origin_phone=&#8221;&#8221; transform_origin_last_edited=&#8221;on|desktop&#8221; transform_styles_last_edited=&#8221;on|phone&#8221; width=&#8221;53%&#8221; width_tablet=&#8221;53%&#8221; width_phone=&#8221;53%&#8221; width_last_edited=&#8221;on|phone&#8221; max_width=&#8221;100%&#8221; max_width_tablet=&#8221;100%&#8221; max_width_phone=&#8221;100%&#8221; max_width_last_edited=&#8221;on|phone&#8221; min_height=&#8221;6px&#8221; custom_margin=&#8221;10px||0px|-40px|false|false&#8221; custom_margin_tablet=&#8221;0px|0px||0px|false|false&#8221; custom_margin_phone=&#8221;|||0px|false|false&#8221; custom_margin_last_edited=&#8221;on|tablet&#8221; custom_padding=&#8221;0px|0px|0px|8px|false|false&#8221; custom_padding_tablet=&#8221;7px|0px|0px|0px|false|false&#8221; custom_padding_phone=&#8221;|||0px|false|false&#8221; transform_styles_tablet=&#8221;&#8221; transform_styles_phone=&#8221;&#8221; module_alignment_tablet=&#8221;&#8221; module_alignment_phone=&#8221;&#8221; module_alignment_last_edited=&#8221;on|phone&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<h4 style=\"font-weight: 400;\"><strong>Joan B\u00fcrgy<\/strong><strong><\/strong><strong><\/strong><\/h4>\n<p style=\"font-weight: 400;\">Investment Specialist<\/p>\n<p>[\/et_pb_text][\/et_pb_column][et_pb_column type=&#8221;1_3&#8243; _builder_version=&#8221;4.27.0&#8243; _module_preset=&#8221;default&#8221; transform_translate=&#8221;70px|-4px&#8221; custom_padding=&#8221;0px|44px|0px|0px|false|false&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_image src=&#8221;https:\/\/telomere.ch\/wp-content\/uploads\/2024\/10\/Jerome_Tobler.jpg&#8221; title_text=&#8221;Je\u0301ro\u0302me_Tobler&#8221; src_tablet=&#8221;https:\/\/telomere.ch\/wp-content\/uploads\/2024\/10\/Jerome_Tobler.jpg&#8221; src_phone=&#8221;https:\/\/telomere.ch\/wp-content\/uploads\/2024\/10\/Jerome_Tobler.jpg&#8221; src_last_edited=&#8221;on|desktop&#8221; align_tablet=&#8221;center&#8221; align_phone=&#8221;left&#8221; align_last_edited=&#8221;on|phone&#8221; _builder_version=&#8221;4.27.2&#8243; _module_preset=&#8221;default&#8221; transform_scale_tablet=&#8221;&#8221; transform_scale_phone=&#8221;&#8221; transform_scale_last_edited=&#8221;on|phone&#8221; transform_translate=&#8221;0px|4px&#8221; transform_translate_tablet=&#8221;292px|-28px&#8221; transform_translate_phone=&#8221;11px|-28px&#8221; transform_translate_last_edited=&#8221;on|phone&#8221; transform_rotate_tablet=&#8221;&#8221; transform_rotate_phone=&#8221;&#8221; transform_rotate_last_edited=&#8221;on|tablet&#8221; transform_skew_tablet=&#8221;&#8221; transform_skew_phone=&#8221;&#8221; transform_skew_last_edited=&#8221;on|tablet&#8221; transform_origin_tablet=&#8221;&#8221; transform_origin_phone=&#8221;&#8221; transform_origin_last_edited=&#8221;on|tablet&#8221; transform_styles_last_edited=&#8221;on|phone&#8221; width=&#8221;100%&#8221; width_tablet=&#8221;46%&#8221; width_phone=&#8221;100%&#8221; width_last_edited=&#8221;on|phone&#8221; max_width=&#8221;74.2%&#8221; max_width_tablet=&#8221;41%&#8221; max_width_phone=&#8221;100%&#8221; max_width_last_edited=&#8221;on|tablet&#8221; module_alignment=&#8221;left&#8221; min_height_tablet=&#8221;&#8221; min_height_phone=&#8221;&#8221; min_height_last_edited=&#8221;on|tablet&#8221; custom_margin=&#8221;0px|0px|10px|0px|false|false&#8221; custom_margin_tablet=&#8221;0px|0px|0px|0px|false|false&#8221; custom_margin_phone=&#8221;0px|0px|0px|0px|false|false&#8221; custom_margin_last_edited=&#8221;on|phone&#8221; custom_padding=&#8221;0px|0px|0px|0px|true|false&#8221; custom_padding_tablet=&#8221;0px|36px||0px|false|false&#8221; custom_padding_phone=&#8221;0px|90px||0px|false|false&#8221; custom_padding_last_edited=&#8221;on|phone&#8221; transform_styles_tablet=&#8221;&#8221; transform_styles_phone=&#8221;&#8221; module_alignment_tablet=&#8221;left&#8221; module_alignment_phone=&#8221;&#8221; module_alignment_last_edited=&#8221;on|desktop&#8221; border_radii_tablet=&#8221;&#8221; border_radii_phone=&#8221;&#8221; border_radii_last_edited=&#8221;on|desktop&#8221; global_colors_info=&#8221;{}&#8221;][\/et_pb_image][et_pb_text _builder_version=&#8221;4.27.2&#8243; _module_preset=&#8221;default&#8221; text_font_size=&#8221;16px&#8221; text_line_height=&#8221;0.5em&#8221; header_4_text_color=&#8221;#2D3654&#8243; transform_scale_tablet=&#8221;&#8221; transform_scale_phone=&#8221;&#8221; transform_scale_last_edited=&#8221;on|phone&#8221; transform_translate_tablet=&#8221;295px|-3px&#8221; transform_translate_phone=&#8221;6px|-6px&#8221; transform_translate_last_edited=&#8221;on|phone&#8221; transform_rotate_tablet=&#8221;&#8221; transform_rotate_phone=&#8221;&#8221; transform_rotate_last_edited=&#8221;on|phone&#8221; transform_skew_tablet=&#8221;&#8221; transform_skew_phone=&#8221;&#8221; transform_skew_last_edited=&#8221;on|phone&#8221; transform_origin_tablet=&#8221;&#8221; transform_origin_phone=&#8221;&#8221; transform_origin_last_edited=&#8221;on|phone&#8221; transform_styles_last_edited=&#8221;on|phone&#8221; width=&#8221;99.4%&#8221; max_width=&#8221;100%&#8221; module_alignment=&#8221;right&#8221; min_height=&#8221;21px&#8221; custom_margin=&#8221;|0px|0px|0px|false|false&#8221; custom_margin_tablet=&#8221;-15px||0px|0px|false|false&#8221; custom_margin_phone=&#8221;|||0px|false|false&#8221; custom_margin_last_edited=&#8221;on|tablet&#8221; custom_padding=&#8221;0px|0px|0px|0px|false|false&#8221; custom_padding_tablet=&#8221;|0px|0px|0px|false|false&#8221; custom_padding_phone=&#8221;|0px|0px|0px|false|false&#8221; custom_padding_last_edited=&#8221;on|phone&#8221; transform_styles_tablet=&#8221;&#8221; transform_styles_phone=&#8221;&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<h4 style=\"font-weight: 400;\"><strong>J\u00e9r\u00f4me Tobler, CIIA<\/strong><strong><\/strong><\/h4>\n<p style=\"font-weight: 400;\">Partner &amp; Senior Financial Advisor<\/p>\n<p>[\/et_pb_text][\/et_pb_column][\/et_pb_row][\/et_pb_section]<\/p>\n","protected":false},"excerpt":{"rendered":"<p>August was a month of loud headlines and quiet markets. The Strait of Hormuz stayed at the center of the global risk equation, Brent held near USD 92, and the Fed, the ECB and the BoJ all maintained their positions.<\/p>\n","protected":false},"author":3,"featured_media":54417,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"on","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[45,44],"tags":[],"class_list":["post-54413","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-marketupdate-en","category-point-sur-les-marches"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Market Update - September 2026 - Telomere Capital<\/title>\n<meta name=\"description\" content=\"August revealed a striking disconnect between alarming headlines and remarkably calm financial markets.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/telomere.ch\/en\/market-update-september-2026\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Market Update - September 2026 - Telomere Capital\" \/>\n<meta property=\"og:description\" content=\"August revealed a striking disconnect between alarming headlines and remarkably calm financial markets.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/telomere.ch\/en\/market-update-september-2026\/\" \/>\n<meta property=\"og:site_name\" content=\"Telomere Capital\" \/>\n<meta property=\"article:published_time\" content=\"2026-09-08T10:44:25+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/telomere.ch\/wp-content\/uploads\/2026\/09\/Market_Update_SEPT_ANG_980_654-1.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"980\" \/>\n\t<meta property=\"og:image:height\" content=\"613\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"nilton.ortega@telomere.ch\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"nilton.ortega@telomere.ch\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/telomere.ch\\\/en\\\/market-update-september-2026\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/telomere.ch\\\/en\\\/market-update-september-2026\\\/\"},\"author\":{\"name\":\"nilton.ortega@telomere.ch\",\"@id\":\"https:\\\/\\\/telomere.ch\\\/en\\\/#\\\/schema\\\/person\\\/0610fcdce5c8cb509527ede1769d181f\"},\"headline\":\"Market Update &#8211; September 2026\",\"datePublished\":\"2026-09-08T10:44:25+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/telomere.ch\\\/en\\\/market-update-september-2026\\\/\"},\"wordCount\":1864,\"image\":{\"@id\":\"https:\\\/\\\/telomere.ch\\\/en\\\/market-update-september-2026\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/telomere.ch\\\/wp-content\\\/uploads\\\/2026\\\/09\\\/Market_Update_SEPT_ANG_980_654-1.jpg\",\"articleSection\":[\"Market Update\",\"Point sur les march\u00e9s\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/telomere.ch\\\/en\\\/market-update-september-2026\\\/\",\"url\":\"https:\\\/\\\/telomere.ch\\\/en\\\/market-update-september-2026\\\/\",\"name\":\"Market Update - September 2026 - Telomere Capital\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/telomere.ch\\\/en\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/telomere.ch\\\/en\\\/market-update-september-2026\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/telomere.ch\\\/en\\\/market-update-september-2026\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/telomere.ch\\\/wp-content\\\/uploads\\\/2026\\\/09\\\/Market_Update_SEPT_ANG_980_654-1.jpg\",\"datePublished\":\"2026-09-08T10:44:25+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/telomere.ch\\\/en\\\/#\\\/schema\\\/person\\\/0610fcdce5c8cb509527ede1769d181f\"},\"description\":\"August revealed a striking disconnect between alarming headlines and remarkably calm financial markets.\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/telomere.ch\\\/en\\\/market-update-september-2026\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/telomere.ch\\\/en\\\/market-update-september-2026\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/telomere.ch\\\/en\\\/market-update-september-2026\\\/#primaryimage\",\"url\":\"https:\\\/\\\/telomere.ch\\\/wp-content\\\/uploads\\\/2026\\\/09\\\/Market_Update_SEPT_ANG_980_654-1.jpg\",\"contentUrl\":\"https:\\\/\\\/telomere.ch\\\/wp-content\\\/uploads\\\/2026\\\/09\\\/Market_Update_SEPT_ANG_980_654-1.jpg\",\"width\":980,\"height\":613},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/telomere.ch\\\/en\\\/market-update-september-2026\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Accueil\",\"item\":\"https:\\\/\\\/telomere.ch\\\/en\\\/home\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Market Update &#8211; September 2026\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/telomere.ch\\\/en\\\/#website\",\"url\":\"https:\\\/\\\/telomere.ch\\\/en\\\/\",\"name\":\"Telomere Capital\",\"description\":\"TELOMERE Capital\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/telomere.ch\\\/en\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/telomere.ch\\\/en\\\/#\\\/schema\\\/person\\\/0610fcdce5c8cb509527ede1769d181f\",\"name\":\"nilton.ortega@telomere.ch\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/4d2bb28e1576869735f05147461358d637cb8f7eafa89e1d05452637bd7d32eb?s=96&d=mm&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/4d2bb28e1576869735f05147461358d637cb8f7eafa89e1d05452637bd7d32eb?s=96&d=mm&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/4d2bb28e1576869735f05147461358d637cb8f7eafa89e1d05452637bd7d32eb?s=96&d=mm&r=g\",\"caption\":\"nilton.ortega@telomere.ch\"},\"url\":\"https:\\\/\\\/telomere.ch\\\/en\\\/author\\\/nilton-ortegatelomere-ch\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Market Update - September 2026 - Telomere Capital","description":"August revealed a striking disconnect between alarming headlines and remarkably calm financial markets.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/telomere.ch\/en\/market-update-september-2026\/","og_locale":"en_US","og_type":"article","og_title":"Market Update - September 2026 - Telomere Capital","og_description":"August revealed a striking disconnect between alarming headlines and remarkably calm financial markets.","og_url":"https:\/\/telomere.ch\/en\/market-update-september-2026\/","og_site_name":"Telomere Capital","article_published_time":"2026-09-08T10:44:25+00:00","og_image":[{"width":980,"height":613,"url":"https:\/\/telomere.ch\/wp-content\/uploads\/2026\/09\/Market_Update_SEPT_ANG_980_654-1.jpg","type":"image\/jpeg"}],"author":"nilton.ortega@telomere.ch","twitter_card":"summary_large_image","twitter_misc":{"Written by":"nilton.ortega@telomere.ch","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/telomere.ch\/en\/market-update-september-2026\/#article","isPartOf":{"@id":"https:\/\/telomere.ch\/en\/market-update-september-2026\/"},"author":{"name":"nilton.ortega@telomere.ch","@id":"https:\/\/telomere.ch\/en\/#\/schema\/person\/0610fcdce5c8cb509527ede1769d181f"},"headline":"Market Update &#8211; September 2026","datePublished":"2026-09-08T10:44:25+00:00","mainEntityOfPage":{"@id":"https:\/\/telomere.ch\/en\/market-update-september-2026\/"},"wordCount":1864,"image":{"@id":"https:\/\/telomere.ch\/en\/market-update-september-2026\/#primaryimage"},"thumbnailUrl":"https:\/\/telomere.ch\/wp-content\/uploads\/2026\/09\/Market_Update_SEPT_ANG_980_654-1.jpg","articleSection":["Market Update","Point sur les march\u00e9s"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/telomere.ch\/en\/market-update-september-2026\/","url":"https:\/\/telomere.ch\/en\/market-update-september-2026\/","name":"Market Update - September 2026 - Telomere Capital","isPartOf":{"@id":"https:\/\/telomere.ch\/en\/#website"},"primaryImageOfPage":{"@id":"https:\/\/telomere.ch\/en\/market-update-september-2026\/#primaryimage"},"image":{"@id":"https:\/\/telomere.ch\/en\/market-update-september-2026\/#primaryimage"},"thumbnailUrl":"https:\/\/telomere.ch\/wp-content\/uploads\/2026\/09\/Market_Update_SEPT_ANG_980_654-1.jpg","datePublished":"2026-09-08T10:44:25+00:00","author":{"@id":"https:\/\/telomere.ch\/en\/#\/schema\/person\/0610fcdce5c8cb509527ede1769d181f"},"description":"August revealed a striking disconnect between alarming headlines and remarkably calm financial markets.","breadcrumb":{"@id":"https:\/\/telomere.ch\/en\/market-update-september-2026\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/telomere.ch\/en\/market-update-september-2026\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/telomere.ch\/en\/market-update-september-2026\/#primaryimage","url":"https:\/\/telomere.ch\/wp-content\/uploads\/2026\/09\/Market_Update_SEPT_ANG_980_654-1.jpg","contentUrl":"https:\/\/telomere.ch\/wp-content\/uploads\/2026\/09\/Market_Update_SEPT_ANG_980_654-1.jpg","width":980,"height":613},{"@type":"BreadcrumbList","@id":"https:\/\/telomere.ch\/en\/market-update-september-2026\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Accueil","item":"https:\/\/telomere.ch\/en\/home\/"},{"@type":"ListItem","position":2,"name":"Market Update &#8211; September 2026"}]},{"@type":"WebSite","@id":"https:\/\/telomere.ch\/en\/#website","url":"https:\/\/telomere.ch\/en\/","name":"Telomere Capital","description":"TELOMERE Capital","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/telomere.ch\/en\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/telomere.ch\/en\/#\/schema\/person\/0610fcdce5c8cb509527ede1769d181f","name":"nilton.ortega@telomere.ch","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/4d2bb28e1576869735f05147461358d637cb8f7eafa89e1d05452637bd7d32eb?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/4d2bb28e1576869735f05147461358d637cb8f7eafa89e1d05452637bd7d32eb?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/4d2bb28e1576869735f05147461358d637cb8f7eafa89e1d05452637bd7d32eb?s=96&d=mm&r=g","caption":"nilton.ortega@telomere.ch"},"url":"https:\/\/telomere.ch\/en\/author\/nilton-ortegatelomere-ch\/"}]}},"_links":{"self":[{"href":"https:\/\/telomere.ch\/en\/wp-json\/wp\/v2\/posts\/54413","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telomere.ch\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telomere.ch\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telomere.ch\/en\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/telomere.ch\/en\/wp-json\/wp\/v2\/comments?post=54413"}],"version-history":[{"count":5,"href":"https:\/\/telomere.ch\/en\/wp-json\/wp\/v2\/posts\/54413\/revisions"}],"predecessor-version":[{"id":54423,"href":"https:\/\/telomere.ch\/en\/wp-json\/wp\/v2\/posts\/54413\/revisions\/54423"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/telomere.ch\/en\/wp-json\/wp\/v2\/media\/54417"}],"wp:attachment":[{"href":"https:\/\/telomere.ch\/en\/wp-json\/wp\/v2\/media?parent=54413"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telomere.ch\/en\/wp-json\/wp\/v2\/categories?post=54413"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telomere.ch\/en\/wp-json\/wp\/v2\/tags?post=54413"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}