{"href":"https://api.simplecast.com/oembed?url=https%3A%2F%2Finvestment-update.simplecast.com%2Fepisodes%2Fq3-2026-investment-update-N8egW_wG","width":444,"version":"1.0","type":"rich","title":"Q3 2026 INVESTMENT UPDATE","thumbnail_width":300,"thumbnail_url":"https://image.simplecastcdn.com/images/e7991dd0-4432-4f05-946c-a4c17ec6f242/ffe00c1b-9366-47f5-b009-f70503b3a300/cropped_1791403045938.jpg","thumbnail_height":300,"provider_url":"https://simplecast.com","provider_name":"Simplecast","html":"<iframe src=\"https://player.simplecast.com/3c043dca-7335-4fee-a3d5-97497cbbab17\" height=\"200\" width=\"100%\" title=\"Q3 2026 INVESTMENT UPDATE\" frameborder=\"0\" scrolling=\"no\"></iframe>","height":200,"description":"Spencer Smith, Senior Managing Director and Head of Institutional Investments of Chevy Chase Trust, reviews 2026’s third quarter.\n\nEquity markets extended year-to-date gains in the third quarter, despite the ongoing war in the Middle East and rapidly rising interest rates. We continue to maintain a close eye on the economy and capital markets. In this issue, we share important updates on several of our investment themes.\n"}